Does the seller have to be advised?

Debt repayment is not factored into expenses there for paying down a mortgage,  as we all know, creates it's own income stream separate from that generated by the property itself.

If anyone is in the Franklin country area in Mass please reach out I would love to talk about investment opportunities, practice looking at housing deal, or other general advise of reaching financial independence.Thank you all!

)Any suggestion would be beneficial... and yes I m a newbie in MF but do have few SFH that are generating cash flow

I’ve been investing my “walk away” money in real estate to generate income.

If you start with a solid plan when you are 18, then it is extremely possible that you will be financially independent by the time you turn 30, if not sooner.My advise would be to get a job now and save whatever money you can while you still live at home and have no bills. 

Hi Marian,A few thoughts, although I don't always advise pulling money out of your house if you cannot afford the additional cost of mortgage.Depending on availability in the area I would recommend finding a duplex/triplex that you can put 20% down on  using 100k of your capital and spending the 75K on the carrying cost and fix up.Search beyond your local area. 

Use a generator for electric

Right now he is just advising and I am doing the tenant end stuff. 

I greatly appreciate the response and tips/advise.