The second floor will be a townhouse style unit consisting of 5 bedrooms and 3 full bathrooms.

If I could not stomach making so little for such a large amount of work, I would refi at the highest LTV that someone would finance (maybe 80% LTV) and suffer the negative cash flow to have the access to the cash to hopefully use it to achieve a return that far exceeds the negative cash flow.  

Being 23 is a good thing, it means you have plenty of time to achieve your goals, but don't beat yourself up if you don't achieve those goals by 2017...

There may be many factors for why this may be, such as a low asking price, more of a “turnkey” style with rents closer to market/at market, a more updated condition, or the complete opposite, etc.

When I’m not aligned, I lose money.The truth is, there are huge differences among real estate investors in results achieved and effort spent, that one must conclude there is more to achieving than action alone.5) The Time Factor – In real estate, everything is measured in time, with the faster you can earn money the higher your ROI.  

Make sure they are hedge style trees that grow tall and narrow. 

Not feasible or achievable for most.My fixed resi loans at 5% or less I kept comfortably with standard reserves. 

For example, since 2013, Las Vegas rent growth has far exceeded the inflation rate.Location is only the first step in achieving dependable passive income.

If you follow this guide on how to find owner financed homes, you can still achieve your investment goals.

I DIDN'T ACHIEVE AS MANY WHOLESALE DEALS I WOULD LIKE AND SPENT MORE TIME THIS YEAR THAN EVER PURSUING LEADS.