This will earn you some bird dog fees and teach you a lot without stepping out on your own too soon.

It's not BIG money but I am having a mortgage paid off for me and still bringing in a little extra.

I get an extra 1% of his selling ARP price, after 12 that bumps to 2 %.

To tweek that with other answers, it's "non-aerning assets" Your earning assets make a contribution to your net worth, either from cash flow or appreciation.I'll pose this question to ponder; what about debt on depreciating assets that contribute to your ability to conduct business?

I'm more so right now looking forward in learning how to effectively wholesale deals to make a little extra cash to get my feet wett.

With that in mind, put down 100K earning 6% for 5 years (keep in mind that you had the $100K cash to invest).

Now I'm ready to spend all my extra time in learning and making deals happen.

I would NEVER buy a utilities paid by owner building,its a brown monster of expense that WILL swallow you up,,,AND tenants dont pay enough extra to pay for the costs!!

Good work,, You've earned a lot.

They could pay the rent with money they earned selling phone calls to Europe and South America for half price.An additional plus for you: the opportunity to learn about different cultures as every immigrant in your city would be at your house a couple of times a week, calling home.