Is there a RE association in your area.

Look into the association and make sure they are healthy so you can get financing.

Statistically speaking, you have a better chance of financial success with a college degree.  

You will certainly want to associate yourself with someone who is excellent at training and doing the types of transactional real estate you want to be involved in.If you have any questions please feel free to reach out.

@Luke RunionI don't know what you went to school for but let's say your 4 year degree is in economics and you've been a financial advisor for a year.

I've seen some manufacturing companies do this with their unused space with varying degrees of success.

They are extremely knowledgeable and part of a national association of property managers that sets them apart from the competition.

Then you'll have some degree of payroll costs whether you DIY payroll or outsource to a professional.This strategy yields the best results with a large family real estate business (i.e. an RE business that generates a lot of cleaning and maintenance requirements) and a 14+ year old who has nothing to do during the summer and can work for at least a few hours without supervision.Best of luck.

@Nicolas Biangel Hi Nicolas, on the blanket loans that I've financed (which are essentially cross collateralized assets on one note) each property is assigned a loan value and if an investor wants to sell/refinance a property out of the blanket, there is a typically a release cost associated with it.

One more thing to consider is if the lender will work with the various "First Time" home buyer down payment assistance programs availabe, some based on the home's city.Reach out to me for more details.With warm regards,Tim Theiss , Associate Broker Keller Williams Biltmore Partners Phoenix, Arizona