I used to be a part time web developer and I know for a fact that a single like from an ad you posted online automatically becomes a lead. 

On a whim, I recently reviewed a monthly mortgage statement and saw I'm paying $150 in PMI.

Plenty of videos online.

So, all of the cash-flow, mortgage paydown and market appreciation are an INFINITE ROI!

If you have $20,000 in equity, then you can require the buyer to pay you for the equity and then assume the remainder of your mortgage.

@Tom ServerI think that the 203k is not a good fit for your scenario because you are buying the property with cash and the 203k is a mortgage loan that includes the purchase price + the rehab costs.

While I understand this venture requires active involvement, I'm excited to take on this new challenge.I'm particularly interested in advice on securing a mortgage and developing a solid investment plan.

Looks I have to report net income on SE Line 24 ($2k), but on Line 25, I cannot claim losses due to higher income (>$150K).

I myself will be finding / mortgaging the homes.

So I bought this property and I will be start paying my mortgage on the first of May.