(I'm looking into following the million in net worth plan from the book)When buying a property for a low value ex: a duplex in Cisco TX for 95k and probably cheaper.

(FYI- I don't have a ton of cash laying around and will be getting a loan on this.)Thanks to everyone who chimes in.

This usually results in the borrower just doing a rate and term refinance or cashing out on the low end.

I want to limit the down payment outlay so I'm willing to move into the new property (trying to conserve as much cash as possible for possible renovations).

Is it worth it to upgrade it?

By harder, I mean finding deals that actually pencil to even modest positive cash flow returns.  

I have an idea that is either crazy or brilliant, and would like feedback.Nutshell: Find older (70+) cash-strapped homeowners with lots of equity who want to stay in their home.

my goal is always to have passive income from rental properties but right now I’m thinking more of being able to pocket cash and later make plans on rentals.

Don't pay for a park's future potential if you are the one who will be doing all the work.The $70k the two TOH rentals are worth at an 8 CAP probably doesn't cover the drawdown the house value will have sitting in a half vacant mobile home park.  

Purchase price: $475,000 Cash invested: $50,000 Horse House Hack!