The 5% is more of an industry rule of thumb, 10% is what I try to do, but I am more conservative and don't take any Distributions or Draws from my Real Estate.

I'm open to everyone's advice and opinions on real estate investing since I do not have that much knowledge yet.

This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.

I lived in it for a few years but during that time I wanted to get into real-estate investing.

Paying $40,000 for “mentorship’s” which teach you nothing about real estate principles, real estate finance, or real estate law3.

I live in Truckee and sell real estate in both CA & NV.

Real Estate investing is a long journey not a "get rich quick  phenomenon. 

We may not be local to NC but we DO lend in the area, we'd love to be a part of your real estate journey.

Hi All, I have been studying markets in real estate investing for some time now.

Try some local real estate meetup groups.