Hey everyone my name is DeJaun Mckenzie I'm 21 and I'm a chef at a independent owned restaurant, I currently have 0 experience in real estate but every day I'm learning more and learning that I haven't learned enough, I got interested in Real Estate because my boss's brother was telling me it's something I should get into and since then I've been hooked on wholesaling and in the midst of my research I stumbled upon BP and before I knew it I had 10+ tabs of articles open.

There are many rules to maintain the independence of the SDIRA that you need to consider.  

The trade off of being independent is the financial world does not trust in your ability to be successful.

As for cash, I'm a fan of lean budgets for maximum savings every month, because it will help you reach financial independence that much faster.

You could get a small rental in possibly Independence, Raytown, or south Kansas City for $50,000. 

I have a few goals with REI, short term: get a deal (soon), 5-year: become financially independent and long term goal is create strong wealth for my family and I.

Also make sure you have your rentals registered and be aware that Independence new Rental Ready Program starts in June and Kansas City is proposing a horrendous new rental licensing and inspection ordinance that we may see on the ballot in November. . . . be sure to join the local landlord and REIA groups to stay up to date on the legal issues in the KC Metro.

Mysmartmove is a good site for the independent landlord.

I am not an employee I am an independent contractor.  

Our goals include FIRE by 45 (Financial Independence Retire Early).