You are right wholesaling isn't easy but it is doable on a budget.

Hi there, I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada).

Mobiles in a community are subject to lot lease rates and community rules that you are responsible for similar to a condo except governed by the community owner.

There are so many from Cali and Canada and NY who talk about trying/wanting to build rental portfolios in Chicago because they read cap rates are great on the south side.Here is a Chicagoan wanting to go to Michigan for the same reason.I don't know what/who is telling all these people that the grass is greener somewhere else or that being an out of town landlord is easy, but.....it isn't.

Charles Nyasha I would love it if we could get a group together in the Easy Valley.

I dont think its an easy process, but it may be worth it.  

I read about the 10x rule in one of @Brandon Turner's books, and it was a lightbulb moment for me!

Flipping homes is no easy task and requires a lot of knowledge and expertise otherwise you will lose ALOT of money in the process.

Planning is great - I never was good at that - words are easy to put down on paper - other people's ideas are fun to experiment with and can make someone new in this business feel good for awhile I guess.Over 40 years ago I can recall as if it were yesterday - I was where many of the new folks on this site are today - I was motivated to make money in real estate - had a giant desire to create a little success (the low pay awful job I had, and a jerk for a boss just wasn't cutting it  - but I had motivation - i discovered quickly that it takes more than motivation to pay the bills.So this one seminar I took the guru said "set a goal, build your team and find a mentor".OK - I set a goal to get rich in real estate - to buy one house a month and to quit my job.

@Courtney Hebert I don't know other markets very well, but in Houston you generally look to satisfy the 1% rule at the very LEAST.