Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me? 

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

I hear a lot of people discouraging folks from getting licensed if they don’t plan to be full time, and there is something to be said for that.

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

A 10 to 15 year plan - slow and steady. 

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.

While I currently live outside Portland, OR, I plan to begin investing in Tennessee.

Quote from @Jacob Sherman: Quote from @Kiran Asknani: Hi  All I am new to STR game and am planning to start with investing in Boston area or nearby suburbs as I have spent last 10 years in Boston.

You understand some of the basic concepts, but also have some giant holes in your plan.