I would be careful throwing out terms like "lazy landlord" to people who are logged in to a forum like Bigger Pockets looking for advice and knowledge. 

Moved into a bigger home just last October but still own my first home with $74k left.

Moved into a bigger home just last October but still own my first home with $74k left.

My plan is to start small quads and go bigger as I build my experience, cash flow and equity. 

Last year I joined Bigger Pockets and started my journey as a real estate investor. 

We realize that this first one will not be a huge cash flow, but our primary purpose from our first purchase is to learn as much as we can before going bigger.

It will get me into much bigger trouble than just not making money from real estate.

Get the deed in your name from the jump and yes you absolutely need a limited POA.I've done dozens of subject to deals and it's really the only way I buy due to the huge advantages that exist but there is a lot of things that can vary depending on the circumstances that would take too long to discuss via bigger pockets so feel free to reach out if you want some direction and I can provide you with the forms I use.

Get a good public adjuster if you can find one.After that, you can either rebuild and have a new house, or just sale the land and go buy a bigger house or a duplex.

@Steve OwensWelcome to Bigger Pockets.