It's just like driving a new car off of the lot, it depreciates instantly because it's no longer "new".

Let a guy live in my rental while he was remodeling it No lease

Europe offers instant citizenship to those who buy property in that country.

This may not be the big payday you sought - but it is sure better than destroying your credit/feeling like a failure.3 - If the properties need cosmetic updating in order to sell, you may consider a JV with an investor or contractor who can initially cover rehab costs, it there is a margin.All in all, you sound tired.

It's a great way to start off, so long as you have reliable and ethical investors feeding you off-market deals that have instant equity.

Now I have 32 units and the most recent one I purchased was an 8 unit in an A area but not a great cash flowing property(taxes are pretty high) But it's a turnkey building and I'll probably have 50k instant equity the day I close.

NOT ALL but many.. so there is no reason to sell properties below market value like was done 5 to 8 years ago.the only way to get instant equity these days is to be a value add or distressed property buyer who spends thousands and its their job.. pretty tough to do remotely.. its a completely different model.so whatever you pay for a property that is market value.. you do want to run comps though some out fits that targeted Australians will defiantly sell for ABOVE market value.. so its important to get true comps on the properties before pulling the trigger

I was thinking more in terms of things to break the ice and to build an instant report with the sellers.

We have been very laid back, friendly, and accomodating with her, especially after finding out she was a Registered Nurse like me, there was instant bonding, so to say.We did not ask for a security deposit, but i dont think one months deposit would help anyway if a 2 yr lease is broken!

Start with "Flipping Properties: Generate Instant Cash Profits in Real Estate by William Bronchick" to learn about short term flipping, which is how you'll make your initial money.