I spend ENTIRELY too much time stressing and doing administrative tasks i.e. confirming our (ridiculous number) of monthly bill payments, fixing administrative issues deriving from issues on the part of my bill payees (constant), things of that nature.

And of course, we can always refinance mid-stream and pull a nice chunck of equity out TAX-FREE.4.

I'm 22 y.o. and wet behind the ears as far as active investing goes, so I am here to learn as much as possible, specifically as it relates to balancing investing with a full time military career and constantly moving around.

But in the beginning, you're going to want as many income streams coming in as you can.

Some like more passive income like apartments or triple net etc.With the houses Bryan Hancock on here and also Rich Weese were doing some new builds in Texas so might want to look them up.In overheated markets where people are spec buying hoping for a payoff on the backend the cash flow stream is small.

I will be living about a 2 hour drive from my investing area so I don't really want to get into the low end rentals where they will need constant help.

So my upside down condo hasn't hurt too bad as the mortgage is always paid and this quad should cashflow at current rate despite relative value of the property, provided taxes and insurance dont drastically change because the debt service should otherwise remain constant.

I'm just starting out with real estate investing but I am constantly tweaking my long-term and short-term plans.

I would add a few more ways to create recurring revenue streams.

You're constantly in a construction zone.