The key is minimal costs.

The question I ask myself is:1) How can I minimize risk "x" beforehand in my loan documents.Great questions btw.

This, I would think would minimize out of pocket costs to acquire a rental property.

While there are a lot of tricks to mask the odor or minimize it, the chemicals within the paint are actually off-gassing and will continue to do so for some time.

Minimally I agree with those that have a separate account that they have just for these deposits and then sweep them as soon as payments are made.I take it a step further (and get the benefits that people talking about the cards get by being able to better track who has paid and when without having to do anything extra) by having a separate account for each unit.

My concern with a full time job is that I just wouldn't have enough time to put into wholesaling.Depends on the job and how much all that stuff is going to be running you.IF you can get away with a part time job and just minimize your living expenses that would be better since you will have more time.This would be what I would aim for.

It gives your buyers/tenants the warm look they want with minimal maintenance and durability for the buyer and you.

my specific goal is to maximize cash flow with minimal risk in the most tax efficient manner possible.

@Ben GriseThat depends ... is your objective to minimize current payments to improve cash flow {at the expense of greater overall cost} ... or, would you prefer to build equity more quickly {and reduce the total interest paid}?

we've all seen the adds or atleast all of us still in the rat race have. real estate investor seeking apprentice work minimal hours with nice check every time a house closes. now I'm no idiot and I no things that sound to good to be true usually are but it would be nice if I could learn while getting paid just wonder if anybody has had success going this route and if so how could you tell the serious people between the time wasters