I agree with @Nicholas L. and you, that 99 out 100 people who try this won't make daily home runs and won't retire in Bahamas.

@Nicholas L.

Austin L smith, CPA.  

@Richard L Buchanan what is the point of your post if you're not going to share something we can help you with?

We are based out of Long Island and invest in Milwaukee because of the L/T laws, price to rent ratio and some other metrics.Good luck on your journey. 

Quote from @Nicholas L.: @Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short termHi Nicolas, Heloc for down payments, but my own cash and sweat equity for the rest.

Quote from @Nicholas L.: @Jack Cottrellyou said you "need properties that I can get at a good deal that cash flow and appreciate while minimizing the trouble commonly associated with real estate"well... yeah, everyone wants those properties. 

Quote from @Anthony L Amos Jr: Quote from @Emily Shin: Hello, I am new to this community and to real estate investing.

Quote from @Nicholas L.: @Brett Riemensniderwe don't know all the details, but as i said that's a very expensive way to buy property - if you can't afford a property without overleveraging then you might just have to save up more. 

There are 39 states where no license is required to do business purpose, DSCR, P&L, SBA, commercial, self storage, etc type of loan products.