I have been educating myself so that the odds are in my favor.I am not looking to get rich, I just want to be able to retire and be a grandmother to my 1yr old grandson.There is some great wisdom here and I intend to soak it up.

Kay H.I am not a marketing expert, but what I do know personally is that the odds of me earning passive rental income are greatly diminished if I don't invest in inquiring the rental income producing asset.

Your best bet would be to connect with landlords in regions you're interested in and put together a takeoff of big ticket items.

I'm not exactly sure how much equity they had in their property, so I just threw a substantial number out there considering they've been home owners for 20 or so years.Regardless, it's just an odd position for me to be in at 25 years old working on trying to secure a second house while meanwhile my parents are coping with losing their own.

I tracked things for 6 to 8 months and found something very odd.

Louis, it's 4 unit multi is your best bet.

Is that odd, to have a PM pay the landlord that way?

There are rights to work, conduct business, reasonable market areas, professional information and public knowledge issues to address and without any attorney my bet is that you don't have what you may think you do.

I'm sure this is a good bet for others in Northern Cities-- what say you Chicago, Detroit, Boston, or Syracuse residents?

You bet!