@Susan Grayson, REI is a fantastic vehicle to financial freedom, but new investors should understand the game a little more before tackling complicated projects.I wish you do well in REI, and learn as much as you can from small-simple properties before placing a large sum of money on bigger projects.Best wishes

Hi Mayur,The city I am purchasing in is one which I grew up so I am very familiar with the area and communities.

Guess on to the savings game again haha.

I think they like to be able to open the door (or keep the door open) knowing no one can get in. I

Instead, I was able to put down 5%, or $12,000, allowing me to get into the game considerably faster. 

But ask for photos, repair done on it and conditions they are in.  I

The tenants claimed it was this color when they moved in. I

Another situation you might get lucky in is if you find someone that was trying to be an investor and bought several properties but couldn't juggle everything so has filed bankruptcy.

Great summary of the necessary groundwork needed to get in the game.

The truth is that this loan is very complex, and is really designed for traditional home owners to purchase a new home and slap some paint and carpet in. I