One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.

Operationally, it's easier in multifamily and you'll have cost-saving opportunities as well when it comes to certain expenses.

I'm presently a facilities engineer by trade, who does some construction and maintenance for landlords on the side, hoping to get back into the private real estate game.

You don't have to be a contractor but it will save you a good chunk of money. 

Both are excellent platforms which save people immense amount of work and tme by compiling all the critical data you need in 1 place but there leads are way behind the county recorders/courts/notices i.e the source of most motivated seller leads.

I have been in many properties where private pay people rented and trashed the place. 

Save your money.

I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.

I just want to get financable this year - pay off debt, save some $. 

You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.