If you do the same methods all other 97% of investors that fail are doing, you most likely will fail too!

If you are worried about not having enough cash to get started, then look into some creative financing methods.

You can purchase lists with different motivations like absentee owners, 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, evictions, probate, divorce, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, put out bandit signs, billboards, newspapers, other offline publications.You can use pay per click/adwords, motivated seller website with SEO, facebook, Linkedin, Youtube, and other forms of online and social media marketing.If you have a big budget you can do radio, TV and billboards.

For internet leads the best bet is to get a site like Carrot.comYou can also purchase lists with different motivations like absentee owners, 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, evictions, probate, divorce, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, put out bandit signs, billboards, newspapers, other offline publications.You can use pay per click/adwords, motivated seller website with SEO, facebook, Linkedin, Youtube, and other forms of online and social media marketing.If you have a big budget you can do radio, TV and billboards.

See which method aligns with your goals, and what asset class best fits your style of investing.

If you would like to learn more about it there’s a ton of good threads on bigger pockets about why it’s a great method of starting.

I would naturally like to make passive income on cash flow opportunities following the BRRRR method but rent seems difficult for the price of the housing at the moment.

With the BRRRR method, how can you own 10 properties or more and not be effected by “ debt to income ratio”?

Just a lot of smoke and mirrors to try to make it look more worthwhile short-term rentals are now so well-defined with all their pros and cons and process and methods that these masterminds and secrets they don't want you to know really offer little anymore.

Home offices should be depreciated over 39 years, not 27.5 years.Alternatively you can take the $5/sq ft safe harbor if the home office is less than 300 sq ft (most are), but I've found that the actual expenses method almost always produces a materially higher home office deduction and is generally the way to go if the taxpayer is okay with 1250 gain from depreciation later down the road.