For starters, where are you located and how is your local market? 

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Hi @Albert Aitov,For starters, i would recommend reaching out to a mortgage broker.

The $1,000 is just a starter.  

In my mind its simply NOT an appropriate starter strategy..

Keep out only enough to buy one good starter rental. 

For starters, you should spend some time looking at the property listings.

If banks controlled all this business and did away with the broker model and like what I experienced the lender was a bank employee and was on salary not commish.. docs are prepped by the bank ( on my commercial loans that is free no charge NO JUNK Fees at all just appraisal and 1/2 a point to maybe 1 point. this is a stumbling block for owner occ especially first time buyers who dont have money for closing costs and generally need the seller to contribute you know I see it all the time on my starter homes that I finance for flippers.. virtually everyone has seller assist on it to pay for all the junk fee's and brokers fees.. its getting paid somewhere and that just makes it harder for those buying homes to live in ..  

How do I educate and reach the young(ish) professionals on the value proposition of these kind of "starter homes" to build equity, learn property management and save a ton of money relative to single unit purchases? 

That changed the whole area its now all condo's of course not starter housing but it worked to transform an area.