The shelf life of most appliances runs 10 to 15 years so I typically start my capex relatively low and then as my appliances age slowly raise it.

Below are some additional ideas I have to come up with my 20%:Interest only debt partner with a healthy interest rate (roughly 10%) for 3 years.Using another property I have (7 Unit) as collateral.

Harv Eker — 'If you are willing to do only what's easy, life will be hard.

That bothers me so much, because I really like to KNOW exactly what I’m committing to...I agree that all children TRULY need is love, but both my mom and my husband’s mom have already passed away (fairly young both from cancer), so we’re both acutely aware that time is always precious and no one knows what the future brings, so we’re all about love-filled, family adventures and giving our son real-world experiences while we’re all young and healthy, and can truly experience everything this world/life have to offer (instead of assuming we’ll have time later and then it doesn’t happen).

I'm currently Reading "How to invest in Real Estate the Ultimate Beginner's Guide to getting Started" by Brandon Turner and when i"m finished i'll be purchasing "Long-Distance Real Estate Investing: How to buy, Rehab and Manage Out-of-State Rental Properties" by David Greene.I have never done any investments in my life but one can only assume doing this as a Foreign Investor is a little more difficult than being a local one but i'm sure this can be done with a strong team and the more knowledge and strategies come my way the better.I plan to buy and hold (Multi Family preferred) first in Philadelphia, PA because i have family there so figured it may be a little easier to start before i eventually branch out in the future to other states.From the podcasts, webinars and from what I've seen reading some forum posts i can tell this is an awesome community so any knowledge, strategies and words of wisdom is highly appreciated.Looking forward to your reply.Thank you.

My goal in real estate is to gain my freedom - own my time 100% to do what I like daily and enjoy my life. 

In my area, rent can never be with held unless it is a life safety issue I.e., the building is not habitable.  

I think this question is more salient for those who will need to sell due to age, life timing.

A 1% deal that's $300k will out perform a $50k 2% deal all day in real life.

You can do this as a private individual from your personal page but I think a business page is better just to keep your personal life separated.I advertise rentals all the time on facebook and it generates a lot of traffic for me.