Building equity and net worth is a nice bonus too.

First, be it known, any estate planning activity done where the purpose of that activity is designed to evade medicare asset requirements or amounts to be paid in lieu of medicare is fraud and illegal.

Sean,In my area that would be referred to as a "rooming house" and there are specific bylaws at the municipal level governing them: they can only be in certain areas and require a zoning designation / permit to allow occupancy that exceeds another local bylaw limiting the number of "boarders" in a single dwelling to three.As far as rental laws, check with your state's Residential Tenancies Act (or equivalent).

Should the property owner not redeem in the time period allowed (again varies by state) then you now own the property and you can now rent, sell or otherwise do as you see fit.If you are just looking to sit back and collect interest payments without the headachs of owning property then, you want to buy first position notes secured by contracts that have good pay histories, equity and credit worthy payers.

I admire your worthy goals.

I have made my web page and squeeze pages, designed my logo and just ordered business cards.

All the highest paying jobs, designing, engineering, marketing etc.

(I'm a landscape designer/horticulturalist myself; great DIY images you posted.) 

Her choices in design and decor resulted in immediate interest from lots of buyers, and the fact that she had just received her real estate license allowed us to avoid paying a seller agent fee.

I would, however, love to incorporate flips one day as I have a passion and background in design and diy.