Just for giggles, maybe he started by wholesaling and made enough to buy his first place that way.So he wholesaled maybe 10 properties netted himself maybe 50 K, used that 50 to buy his first multiple , then he added some value held it for a year , then sold it for a gain on his money of lets say 85 K, and during this time wholesaled 10 more properties giving himself 135 k.

. $1200/mo. market value (based on onlIne ads), which is conservative for a 4 BR house in St.

He stated that, they have seen this in some of the units of this make and model that they have installed, and stated that he added some screws. 

The extra $600 to live under my own roof, without having to deal with a landlord or tenants, and any of the problems that may come along with it, would be well worth it to me. 

He likely got an extra $10k. 

Make sure you have a little extra over your rehab and holding expenses incase your rehab estimate is off. this will only work if you have good credit.

I'm also actively networking with others to increase my funds/passive income by partnering in deals, providing income, working extra, whatever I can do.The point of all this is that I am approaching it like a business.

Get used to detecting when the answers are not quite adding up and then get used to verifying the data online.  5. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

You could also try target marketing, where you run ads in selected publications or locations to go for a specific market (like retired people, military, etc).