---You can try to increase your chances of cashflow by buying a beatup property and BRRRing it.2) Buy Class C cautiously.

The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

One of my CFO clients just did this last year and got cashed out over $1M, which he's using to buy more properties.

Then bought my own deal the following year 37.7k sq ft warehouse on 4 acres in Plano.Been buying industrial for last 6 years.I think your plan is right, I'm a big proponent of joint venturing on commercial deals.

He'll still be renting - just from you instead of others, and at all the costs to you that you have enumerated.Your son doesn't "need" to buy a house.  

I have helped a lot of first time investors learn the process and successfully buy their first investment property. 

Search for and buy a bad roof.

You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.

If you really hustle and are smarter than the average bear, you may make enough money that you can buy an investment property.

I would like to buy a multi-family and convert into micro units to maximize revenue.