. ♡ Thank you for the deeper explanation behind your decisions and for taking my comments as positive reminders :)As someone that has scratched and clawed from nada I have a hard time understanding why everyone doesn't say 'there has to be a better way!'

My biggest concern is that it needs a new kitchen in order for me to feel confident I could rent it for enough that we would have a positive cash flow.

Thank you to the BP podcast and all of you beautiful people for your positivity and shared experiences.Numbers -Purchase Price: 123KMortgage Payment all-in: $870Roommate: $300Tenant A Rent: $650Income = $80 (while living for free!)

Also, make sure you are saving for general maintainance, Cap ex, 1 month vacancy/year, property mgmt.

I do not own the property, i am a newbie investor trying to understand what is needed to basically get a house under a lease with option to purchase contract and assign my position to someone who cant qualify for a loan due to there current position but but are willing to pay a little extra on this lease agreement because they are serious about picking up there credit score and at the end, actually closing on the house.

That being said the current City Zoning for the land is medium density residential, meaning no new mobile homes can be added, only the existing homes can be maintained. 

Any tips on how I can work my way into the industry as an employee at an entry level and basic position? 

I know some of them don’t need that.I'm in the same position where I know I will need to raise funds for my next rental and a flip seems like the way to go.

The time and cost to get and maintain a license are not worth the savings, and even though you will have a license you will know just enough to be dangerous, especially with multifamily.

I am in full agreement that a positive cash flow is a very important goal, due to the fact it insulates you from gambling on appreciation, equity, and rent increases.