Passive income can help you pursue your real passion, but who knows, you may become passionate about aspects of real estate:  providing jobs, improving communities, the big checks, the tax savings, or the travel?

Investing 20-25 percent of your own money provides some equity which helps cushion the leverage (in addition to any improvements you make to force appreciation) and it eliminates the need to pay private mortgage insurance.

An attorney I personally know was involved in a real estate transaction and he just went too far, he  was in his 50's and he'll be in federal prison for the rest of his life, in fact I heard rumor that he didn't survive.We have two other national profile attorneys giving classes on "systems" mostly very good, but neither one are totally correct in the financial arena. 

Be talkative and use it as an excuse to leverage your current environment.At the end of the day, money spent on self-improvement usually is never a bad investment. 

I plan on wrapping it in vinyl siding next year, which should greatly improve the outside view.

Our goal is to purchase an REO to rehab, live in it for a couple years making small additional improvements, and sell it for a profit.

Check my profile to get my contact info.

We are also looking into title IV with a back end broker/dealer platform @Bryan HancockRight now the only landing page is on my profile as business.  

I started managing a very large Estate in Beverly Hills for a high profile person and did that for a few years.

I'd like to get an FHA loan to do a cash-out refi and use the money for home improvements, some minor debt pay down (mostly to raise credit scores) a cushion for starting my real estate career, and ultimately buy a new house and convert the current one to a rental.