When I first started, I thought finding the deals would be the easy part for me and  finding funding would be the hard part, especially because I am only 21 years old.

Is your funding lined up?

Raise rent every 12 months or so by $20 or so. 

I am in the process of working on what I believe can be a potential great deal in Colorado, Wyoming area, but I personally do not have the funding.

My plans will be to turn my properties over to my children, they also invest in rentals, and have them pay me a monthly income or sell and invest in a guaranteed income fund.

We have many investors that are seeing success in those two areas and are getting deals funded with us.

I'm not sure what the confines are of not having a PM license and managing other's properties, but I know it's frowned upon to manage a number of properties without licensure since you're handling trust funds and dealing with very legal matters on a daily basis.

But the IRA can loan funds to parties that are not considered disqualified parties. 3.

Michael Conway I represent several large hedge funds and many private investors that spend under 50,000 in Memphis and we have ROI's in the mid-teens every year and I can show you actual results.I'm a fan of that exact price range for several reasons!

I could probably raise rates on these properties to get them in the 11% - 9% range if I priced aggressively.Brett, the higher the cap rate the LOWER the market value.