Run their errands, create their documents, load their listings in MLS, complete a market analysis, fetch their coffee, place signs and lockboxes, hold open houses, etc.

I know there are more investment focused ways like creating a real estate investment fund. 

I usually run my math by running what if scenarios of a 10 or 30% decline in rent and my ability to sustain in an environment.

While he was power washing there was some spray back from the pressure and created tiny freckle type chip spots on the cleaners car hood.

While he was power washing there was some spray back from the pressure and created tiny freckle type chip spots on the cleaners car hood.

Plenty of properties in my market work great to create more than $200 a door cash flow and more than 12% cash on cash returns

I'm not going to spend all my time saving and paying down my personal residence, because the sooner I create another asset (generating passive income), the longer I can build returns from it. 

If you create a site to just collect information, then you need a system for collecting payment of the screening fee and you have to transfer the data to whatever screening system you are using.

This creates a risk of sorts where if you are in the middle of a rehab or have a deal under contract, those funds may not be available.Best practice is to have those emergency funds in something liquid that can float you for some time until the HELOC's are available again. 

If you refi and reinvest the money you may expand and create more income.