@Jon Holdman it's tempting to start a REIA like group, not do that and watch it grow bigger than many of them have.

This number has to be bigger than 1 or you're in the hole...which might be okay (to some degree) for your house hack scenario, but not when renting out all four units). 

So from what I hear on the bigger pockets podcast I am supposed to be really nervous about it.

Hello Bigger Pockets,    I'm looking for tax planning advice for starting out and I want to jump into both fix and flip and rental.

@Aditya VeluriWelcome to Bigger Pockets.

Regarding your 4br house.....bigger isn't always better if your goal is to have an airbnb.

I've talked to a few people about doing rentals and most of their responses are about the same "start of with a cheaper small house, rent it out and gradually work towards getting more lots and then work bigger towards dupleces and so on" I need direction for learning tools I really am starting fresh, I don't have knowledge really at all on market what factors that are in play when going to buy a house or renting it out or anything like that.

I am interested in wholesaling, fix and flips, buy and holds, and thanks to Bigger Pockets, I am learning more about different strategies on a consistent basis! 

Back in January I stumbled upon Bigger Pockets after my wife and I bought a condo out here for use as a future rental property.

Instead of complaining about my 40-45 minute commute to work, I utilized this time to listen to Bigger Pockets Podcast and listen to real estate audio books.2.)