Hello, if I start my own construction company, am I able to sub out the whole scope of work to a different non-licensed company (llc) as long as I get permits and verify work?

Probably 90% non-pros lose in long run.You are right that making a lot money in stock is difficult.The exception is to manage other people's money in stocks: you may perform poorly in long run but still make a lot for yourself.The conclusion should be that for most people, real estate is a much better way to achieve financial independence.Daytrading is certainly not passive.Long term investment in stocks was great for several decades prior to year 2000.

I know, the whole "do what you love and money will follow."

With deals like you describe, Gail could achieve her goal with about $1 million.Now, this is a lot easier if you, the properties and the bank are all in the same area.

Mentors are generally people you have a relationship with who teach you free-of-charge, with the intent of helping someone less experienced achieve success.

I don't have a whole lot of money saved up for downpayments, so it seems the best way to go is tackling the "no money" strategies to get started.

I would probably end up with a nicer rental in a better area, but possibly not as profitable, and then there is the whole free and clear vs leverage argument.

I'm not sure about your area, but I know in my State of Washington, if I accept ANY money from the tenant after giving the notice, I have to start the whole process over again.

Now, you may need to bring money to achieve financing, but that’s a separate issue.Finally, inclusive of fees your 25% dp would be around $32,000.

Right now I currently work a full time job where I have a whole lot of flexibility but not quite ready for the leap into real estate full time, at the same time I have a side carpet cleaning business that I am using to build up some funds for my wholesailing business, I want to use my wholesailing business to give me some experience in real estate investing, would it be the smartest idea to have my part time carpet cleaning business while trying to start my wholesailing business.