Preferably as many units as possible but with hidden value in making improvements (the unfinished attic in our current house was a goldmine) a.My feeling is auctions are good place to go for this but I don’t know anything about auctions. 3.Rent a property to live in for the first year I can’t subject my fiancé to living in a gut rehab again 4.Use the cash generated from the property and work during that first year to put together a down payment for a house for us. 5.Re finance the rental property and buy more property.These are my other day one questions: 1.I’m an architect, does anyone have any advice for actively leveraging my skills to help me do this real estate investing thing full time/ what career change could help me ease into this while still having a salary?

Even if the property rented out at 1% ($4,000/mo net) I would be at a positive $100/mo.

Beyond that, my wife and I are semi-actively looking for multi family properties in the central Texas area and are also looking to acquire 1st/2nd position notes sometime in the next couple of months.

I am looking to put myself in the best position to succeed.

These types of debts become very personal in nature to the people on the board who are homeowners in the community, have probably spent a significant amount of money to try to get this collected, only to be in a position now of probably getting only 6 months of dues. 

If you have a lower gross rental income per bookings (say $150 average booking for a small condo) and a similar $20 cost per basket, but that basket includes nothing that is tied to the identity of the property or makes it unique, it seems likely the repeat booking rate and likelihood of positive review will have minimal impact.

He is in an upside down position, but the property can rent for $800, so even at $34,000 the deal makes sense.

My suggestion (after following Alina's) is to focus on saving as much as possible to put yourself in a position to invest and in the meantime it's education, education, education!

If there are other positives/negatives please let me know!

You'll need to run through quite a few agents to get one that takes this position, but it's the truth.