I'm a part time investor and bought house number three in June and I've been working towards creating a solid financial picture for banks to get traditional financing for a fourth buy and hold deal: paying down debt, saving six months reserves, filing taxes to show rental income to lower DTI,  and rehabbing (Higher HELOC appraisal)  It's been pretty quiet on my real estate front and I've been wondering if I should be more active trying to acquire house four through creative financing, or mailing yellow letters?

These areas are where experience helps and matters.7) Don't do two or three development projects at the same time.

I've been told several times that my best bet is to reach out and see if there is anybody in my local area that would be willing to meet up.Next weekend I will be attending a three day Fortune Builders workshop in Philadelphia and I have an extra ticket for anybody who has the desire to attend.I'm really anxious to get started because I already have a couple cash buyers that want to buy some properties.John Paul Kilduff II

Thanks @Jd Martin and @Michael ParisI have done solar four three years ago on my personal residence in Austin, TX. 

That is why so many landlords get burnt out after about three years. they haven't considered the hidden costs. 

Below, are three of the most popular niches that you might want to explore to see which one grabs your interest.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)Additionally, in the interim, simply bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Continue to feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two wayexchanges and look forward to educational, thought provoking ideasrelevant to REI.

I know people who make two or three times that with no kids who have trouble saving half that.Like @Dan Heuschele mentioned, I would recommend going the house hack route.  

Been at it for three years now. 

I'm 1/3 of the way through (actually have my first of three (class) tests this coming Monday).To support my real estate habit, I actively listen to (of course) BP podcasts. 

I am not an HVAC guy so I don't know, but make sure you have a few (like more than three actually) give you prices.