Hey, I got 30+ comments and 10 or so direct messages of interest in my first apartment, an owner occupied duplex.

The rent will be a direct result of how much we update the property.

Property / Finance details here with comments below.Address: 2626 NE Multnomah St, Portland, OR 97232Property Notes: large basement but ceiling too low, could be zoned into duplex, gutters not attached, evidence of plumbing issues, backs directly to freeway, noise is very present, tenants don't mind noise.  1 squatterPurchase price 337kLiens aka Cash needed - 66kRepairs needed est - 10kRent estimated - $2,300/monthMy number crunch viewable at this linkhttps://docs.google.com/spreadsheets/d/1FJlTFIbInZ...I love the area for appreciation.

This post was intended to be an example of how one might get creative to break into real estate if they don’t have a big bankroll.Aside from the numbers, if you want to know about a day in the life of an out of state, fly in/out, self-managing landlord, here is the other side of the story…Day 1: Kickoff day.

The prior response should give you a thorough view of the options that are available but knowing which one to use depends on your particular situation and how creative you can get.The reason for this is because everyone is in a different situation or tax bracket.

I think I have finally found the direction I want to focus on, which is the wonderful art of wholesaling!

Maybe a trust that the rent could be paid into, where it would not be viewed as direct income for the lady.

This is where getting creative can help.At any rate, this is where knowing the market, knowing your skills, and what you can do with a building makes the difference.

I am the investor who will always be there.send me a message with your contact information and we'll talk and get you going.Example: A new student called me last week to wholesale a deal that I believed she could do making more money than 5K and tomorrow she's now going to do it herself with no out of pocket money and 3K in her pocket with a CF of $450.00/monthAll from her calling me a week ago.Send me a quick direct message with your contact info and you have a mentor.

My market is too expensive via MLS so I am doing direct mail to acquire a house hack.