I wasgoing over the basics of this to myself to seewhat the gains and losses might be say over3 years, buying for self use, renting for self usethen later renting out for self income.

Roll it into a self directed IRA.  

The exit numbers make a lot more sense now... although the rental rate is still incredibly low.Again, loyalty is nice... but continuing to take a big hit month after month is a bit self-defeating.

I'll try to answer your questions as best I can but keep in mind I'm new too.1) In my opinion, Mentor (someone who is where you are trying to get in the next 12 months) and meet 3 or 4 mentors if you can.Lawyer who will answer as many questions as you can come up with and has the heart of a teacher...also has to focus on real estate lawTax Advisor who, again, will answer as many questions as you can come up with and has the heart of a teacher...has to focus on preparing investment properties' tax returns2)  I've been talking to a lot of people (friends, acquaintances, strangers) lately and I'm just making sure they are currently investing in real estate and they are 1 or 2 steps ahead of me on the journey (own 5-20 units and self-manage).  

BTW, I'm a self employed and I understand that self employed is very hard to get loan so how do we get leverage to get the deal.Sincerely,Han

another idea, use the reddit rule for self promotion.  

I'm 30 Years of age, self employed and looking for other ways to generate income for myself and eventually get out of this rat race.

I had an ugly loan so the payment was only 500 a month so even with only 1k in rent I still cash flowed about 200... as of course we can self manage on the west coast...

So if you have invested wisely and as many people have used Real estate to gain wealth, then you can self insure.

Not only will you gain valuable experience, but you'll also save some money. apparently he lives in Cleveland and the property is in Detroit, would that pose a challenge in self-managing a property?