And I'd have to find other IRS write-offs to cover the annual rental profits.Some complicating variables to note: Since it's a beach house, the value has spiked far faster than the estimated worth of the other homes, a reality that surely will continue, since the coastline is shrinking, not growing.

You then will be able to save much faster for investing and, instead of being in debt, you will actually have real money to invest.

There is some deal making but I tend to get more done faster on the phone.I might go again next year.

A modular built to local codes could be faster than remodel but I still dont think so.

The higher the cap rate, the faster your saving grow.if you buy a property for $100,000 (all cash) and you receive $10,000 in profits (in one year) that's a 10% capitalization rate.CAP rate = Net Operating Income / PriceNet Operating Income is all your income (rent+anything else like coin washers) minus all your expenses (other that financing, because it's always based on an all cash investment) - like taxes, insurance, management etc.The cap rate makes most sense when you compare two larger apartment complexes, maybe a little different in size and price point.

I been fortune enough to meet several partners and we have gathered a pretty decent initial bank roll to start small projects.

Leverage others and you will get their much faster, then break off to do your own deals once those investors see you have helped them get more successful.   

Aka allowing you to save faster for future investments.

Plus, then, you could have the option to BRRR and build that up even faster, IMO, than buying turn key and not necessarily knowing what you're getting. 

It is just to make the transactions faster, smoother, less paperwork.