With what you are putting down, run the numbers and check your numbers to see if the percentages work for you, If you don't know the neighborhoods, check listing daily for trulia, trulia, and MLS.

Plus if you save your search they will send you an email of anything that matches your criteria on a daily basis.

I've already completed the ultimate beginners guide and listen to the podcast daily!

Living off $1,600-$2,000 a month navigating the concrete jungle in a  40' or most likely 45' bus was a daily challenge.

It is not like buying apples and selling them the same day to get your profit margin daily.

As a Brokerage, I can set up a custom search that is delivered to you daily (if there are new listings or changes) and if needed, one of our agents can walk the property, take pictures and I can supply a repair estimate.We also have contractors that can do the rehab work, and we will also mareket for you as a rental or sale.

They do this thing on a daily basis. 

I'm a HUD Brokerage so I lean toward those types of deals, but...If you find a property you like, the earnest money deposit is at most, $ 1,000.Private lenders will do 90/10 financing, so you out of pocket is minimal, and you use the incoming cash flow to pay down the debt.We have a variety of MLS searches that we email to Investors on a daily basis... if you would like, we can add you.

I am listening to podcast and and reading the forums daily.

Passive income has always been my aim, and I'm understanding that real estate will be the mechanism and vehicle thru which I can achieve that aim throughout my next decade(s).I drive around residential neighborhoods on a daily basis and have begun "driving for dollars", or at least identifying potential wholesale properties.