Just be realist and don't drink the RE gurus "get rich fast" cool-aid.10.

I have a lease on my car (emergency situation after previous car totaled) ..Getting this debt down to 20-30K in 2 years is probably more obtainable in my mind....

Or just go with the SFH method and rent out rooms if you don't mind roommates. 

I can tell you from hundreds of my clients perspective.they don't want to have the burden and work that goes into being a landlord.. they want mail box money and more passive investment that is secured by the same asset that a landlord owns.. there is a reason those banks have those big shinny buildings.. its massively profitable and done right less risk in many cases of being a landlord or at least let me say a ton less work.. your not dealing with the day to day.. even if you have PM you have to manage them.My note buyers are almost all experienced landlords and as their days of landlord burn out come to fruition they switch to being the bank.. keep in mind unless the house is sold for cash.. everyone buying a rental has two steps  equity and debt  IE their equity and the bank or  lenders debt.Along with shorter term holds.. and if done right no cash calls.

Keep in mind that sometimes there are properties with rents much lower than market that could drastically affect the property value if they were increased. 

My reason for using BiggerPockets is to learn as much as I can, help others learn when possible, and meet other like-minded individuals.

one thing we had to deal with though in our area is rent control..its a great business and well position quality parks on city water and sewer are about as bullet proof of cash flow investment as one can make in my mind.. once the coachs are there they done move. especially if they are pit set..

Thank you Joshua, I will keep them in mind.

Obviously deals are out there and hard to find at times, but any advice on deal hunting as well as things a newbie might not be keeping in mind.

You never know what could happen, that way if necessary you can start the eviction process right away if they change their mind.