With that said, you can still market and transfer (sell) the property with a tenant in it, just might limit your buyer pool.

First-timers who try to look at wholesale opportunities are taking a big risk in a big pool when they just got their floaties.

Pooling funds, partnering are also great ways to avoid the cost of loans entirely.

We bought the 1950's  house for $50,000... 1,150 SF with a metal roof, car port, above ground pool, big storage shed, screened back porch... a pretty decent property in our book.  

Make sure to look into other expensive line items such as how new the pool is (when it was last plastered etc. - if there is one), look into central cooling and heating.

We called 3 people that came to check on the situation & found that the shower piping inside the wall was not tightened enough so the shower water was pooling up inside the wall.

Includes lawn care and a community pool. 

You would need to maintain separate bank accounts and accurately track the different account values, but can pool the funds for purposes of investing.Be advised, funds currently in a Roth IRA cannot be rolled into a 401(k). 

With Ft Campbell right there there’s a strong tenant pool with guaranteed income.

I found Indiana to be business friendly, but the economy and renter pool were just so much less robust.