The peak selling season has passed and we're seeing a definite slowdown in the market around here.Still, I'm astonished at how many serious mistakes the "Entry Only" types of agencies make. 

If you can get an absentee investment property that earns you are 5-6% cash on cash return then you will be in good shape with a steady growth rate on your investment.  

On one hand I want to buy a rental property and start earning passive income immediately.

This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my closing and prepaids.My lender seems to be fine with it and I just e-mailed the attorney to confirm.Who does this and is there anything I should be aware of?

Tapping the equity now while the market is going up or at its peak is a wise play in my opinion.

if you can make that quick buck i would. new construction homes are at their peak right now so i wouldnt hold and wait for the down turn. but you can NOT obtain a construction loan unless you have a contract giving you the right to build on that property.did this answer your question?

There are people that specialize in them.When you get the unit vacant you can renovate it to get it back on the market at peak rents.

I want to help but I would also like to help myself forward , just a little, as on disability , I can’t “ earn” much. ( btw.. future rental income is not “earnings” ) .

You're jumping in at the peak, which isn't necessarily bad for buy/hold but you're not going to see cash flow like veterans that bought years ago. $300/month per door with how much cash into the deal? 

Many people are doing wholesaling sucessfully but I feel in the market we are currently in it makes more sense to be an agent and try and earn commissions and then be able to buy houses as a discount / reduced downpayment.