If you on the other hand, have plenty of time and desire to spend on RE as a business, then decide on your niche, educate yourself first, and take action.

I didn't begrudge folks who were in a better financial position than me for driving up RE costs.

You can buy it, then do the QT action yourself.

So for January, while we might only have $20k from rental income and a $55k property tax bill, we were still cash flow positive because we used the reserves to pay for the property tax.

Think the government is hoping the investors will be a net positive to the economy and help with the recover... time will tell if that works or not.

Otherwise, you can get a conventional loan as low as 3% down, but 5% is easy to get with decent credit.If you are in a position where you won't qualify for FHA or owner occupy, I would recommend looking into private money loans.

A much better position to be asking for money from people.

Nothing impresses like high positive cash flow but don't let them know you are actually buying your cash flow as opposed to your property generating it.

You don't want to be in a position where you have all your cash tied up in a property and then a furnace goes out and you don't have the cash to repair.

I am very happy to hear your decision to take action, it will be the defining moment of your journey.