Risk free and added value experience Download deal machine ($100), take a picture of 100 houses, skip trace all 100 properties ($14), start calling and asking if people are motivated to sell (in better words) then follow up and expect it to take a minimum of 3 months and 300 properties to find a deal.

And I might just have to check out Las Vegas and Steve's posts.this is a very long game and I know I know the dream of living off of rental income is dream number 1 is seems in your age group these days. 

For someone that is absolutely 100% getting into this game with a long term goal to grow Grow GROW, how would you all handle this?

I had convinced myself last week to put it on MLS and sell but someone close to me said there's nothing else to buy right now and I'm better off just playing the long game until I can afford to build on the lot. 

I realize its not much but that's part of the game. 

Some advice would be greatly appreciated, thank you. rent is being charged about 900-950/month per unit and there's 2 for the area averaging.Cap-ex 10% 180$Vacancy 5% 90$Property management 100$ Maintenance 5% 1$ per sqft/month 122$Utilities-- 200-250 month Taxes - 2,100/yr - 175$/ month Insurance 1100$/yr - 91$/month 2 laundry machines in basement 30 yr mortgage 794$/month 180,000 purchase price. 3.3% interst rate.

Best bet here is to find someone who's a bit new to the game and hungry since they'll be calling owners 24/7.

Reasonably familiar with the area as I come out once every year or two for a game.

Then as we get better at the REI game, we will look to expand our network of PM lenders as we do bigger and bigger deals.I have several questions in regards to the rules and regulations of receiving funds for a private money loan. 

But a lot of their cases are not guilty and just live in he)) for a few years playing their game.