It ensures you’re bringing in responsible tenants and minimizing risks.

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

There have been a ton of great responses here! 

With a loan, a person takes on a Debt Obligation. 

I personally do not have experience managing rentals.

You might get a response to your mailers, but I doubt it.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

Managing a rental (even if it cash flows) comes with responsibilities, and it might not be worth it for $300 a month.

One-person rental units are in the highest demand, and co-living directly appeals to this market.

One-person rental units are in the highest demand, and co-living directly appeals to this market.