You can check with the local building and zoning dept to verify this is doable, and the steps required.  

Initially paid like clockwork, then started having 5-10-15 days late over the last six months.

My thought is by the time the interest payments begin on the initial 10K investment I took out (roughly two years) I will have either enough equity or cash flow from 2 different properties to offset any of the costs.

Being able to spend little to no time on the time consuming aspects of RE investing while providing the initial funds has helped our business flourish.  

I guess I would take it one step at a time and not let him bully you.

You could look at some kind of property with some BRRRR opportunity where you could finance out your initial 15-20% cash.  

So, firstly I would like to know what my first steps will be as well as what I need exactly to start off.

Our thought is to buy the property cash and then get a loan from a bank to put our initial investment back in our account.

Either way the process is still similar with an attorney there’s one additional step.

Note: While the cashflow is great in a too big house and you have less kitchens/furnaces to pay for, you won’t be able to use the potential rental income to qualify for the initial loan (buying a larger property).