While $1000 net from the first property might be quite a stretch, remember that you can buy additional 2-4 unit properties using FHA loans. 

Of course you would need to perform your due diligence and ensure the numbers will work in your favor.

"I know and trust the companies".On another note, with metal duct, what gauge of metal have they included; are they using long turn fittings with turning vanes; are they using tape, mastic or Aeroseal on the joints; what is the R-value of the insulation (on metal or the flex); have they performed a Manual J and Manual D; have they included dedicated returns to each room or just one central one?

If you need a CMA form perform a search on Google  'CMA.pdf'  Good luck and welcome to Real Estate-Ron

The HELOC has some disadvantages, but you can still be able to perform what you want to do while working on your practice.

The US Congress mandated research to be performed and they found 1 in 5 had significant errors in the credit reports.How does this happen, it is very simple.

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.I upgraded to BP Pro & upgraded my profile.

@Alison Robinson,How are your Ingalls Park properties performing?

Not knowing how the other locations were performing they could have filed BK and we would have received long drawn out payments or possibly nothing at all.What I like about strip centers is the low per sq ft rents if you buy right.

Then moving into fix and flip and eventually, holding properties for passive income...Over teh last few months, I have engaged myself in extensive (REI..) training.