depends on your appetite for risk.

There is no best way that applies to everyone but there may be a best way forward for you depending on what you want out of your real estate profession.

@Nick C.It highly depends on your definition of cash flow.

I have zero investments at this point but my plan is once I've built up some money and in a financial position to purchase my first home (2-3 years) to purchase a multi family home, a duplex up to a quad plex depending on what kind of deals I find at the time and the market.

I plan to do the same thing or utilize the 203(k) loan to make some repairs depending on the condition of the duplex I find.

@Robert FreebornFirst year:Real Estate Course: $420 (Rockwell), there are cheaper schools out there.Written Test: $125Finger Prints: $30Realtor's Union dues: $620 (Optional depending on Brokerage)NWMLS dues: $480Supra: $75 activation + $15 a month = $255Office fees: $65 a month or $780 (Will vary depending on Brokerage and Model)Total: $2,710 Additional Cost:Signs: This will vary depending on Brokerage and if you are on a team or notBusiness Cards: Depends on what you wantEvery two years after that you will have a certain amount of CE that you have to accomplish, but if you take advantage of free education hours put on by Title Companies and other outlets, you can reduce your cost. *** Fact ***If you sell one house a year, it pays for itself...

The appraisals are out of this world expensive, the lending is a circus and nothing is seamless and I'm getting different answers depending on who picks up the phone.

As far as purchase price, rehab costs and arv that's all up in the air as it all depends.

Service charge if property is located in building with multiple owners (150-350 € p.a.)Also, depending of the nature of your contract you eventually are liable for stamp duty (10 % of one month rent, upon signature of the contract).In overall very dry deal.

What amounts of each just depends on how much I am willing to pay but by bringing those denominations you can be pretty flexible.