As you're building your credit, you'll need a team and essentially it starts with a few key folks: (1) attorney who is focused on real estate (2) property manager.

@Jay Hinrichs, I typically do what @Michael M. does and pay them in full right before the due date.

You may also have to call them constantly because good wholesalers will have their go-to investors typically.

@Jose Romero, I agree with @Basit Siddiqi - the asking price is too high to be a good deal, and I wouldn't expect to be able to add a third unit based on a typical property in the neighborhood.

It's not easy being a landlord, especially at first, but I think it's essential in order to be a great investor.

Don't drive your typical military mobile (stupid big tricked out truck or souped up gas guzzling hot rod).Max your TSP.

Ask about both typical home mortgages, and HELOC.

The overwhelming majority of savagery that we see is typically from inherited tenants.

@Yash BajpaiI typically go to local banks that are within a 5 to 10 mile radius from the property.

Those starting out typically focus on rentals as it's easier to break into and find clients.