Any advice is very much appreciated.You can buy from wholesalers, market direct to sellers, look for vacant properties on MLS that have been for sale much longer than average dats on market and also FSBO and expired listings.

We have to pay for classes, renewals, memberships to MLS and associations (required if you are an MLS member), advertising, forms, e-sign software, signs, flyers, the list goes on and on.

But again, we go pretty big and are pretty busy.If you are just starting out I would make sure to line out all your must haves - MLS membership, forms, e-sign subscription.

So, I wrote him a contract to expire the last day of February.

Stocks are risky and not liquid. 

The $25,000 loss allowance that applies to some Schedule E rentals is not available for rental activities reportable on Schedule C."

In perspective I’m currently payin $1600 in rent with my lease expiring end of June and an increase looming.

I recommend reading the E-Myth Revisited by Michael Gerber.

Cash is king and liquidity is expensive.

The market requires a high liquid position to enter which is normally a barrier to entry for most.