The tax code practically forces you to convert your earned income from dental practice, which will be highly taxed, to passive income from property, much less taxed for many reasons.

As a matter of fact, I prefer pet rent because an extra $25, for example, is $300 every year they stay ... whereas a pet deposit is only about $200-300 once if there is damage beyond wear and tear.

You can have it in bonds or stocks earning a higher rate hopefully than just in cash.

So, the real question is what's the fastest way to earn a few million that you can invest?

A mentor is an individual whose trust and respect you’ve earned with your deeds, and who wants to help you succeed because they thinks you are worthy – that’s it.

On one I contracted myself out for work on extra jobs and set that money to the side till I had 10k saved and used it for a downpayment.

Even as well as I think I watch my money I know looking at a $17,000 difference in what my loan balance would be I know I prolly squandered a decent amount of that extra $250/m in cashflow.

The loan would cover closing cost, 6 months pre-pay and sweat equity/cosmetics on the property.The person who does the loan will earn 12% for 12-18 months on the $50,000 which is secured by the Real Estate.I think I set up a win-win scenario, any feedback would be appreciated.

It's the difference between earned income and unearned income.

In otherwords if you had 200K in an account, do you want to show the bank you have all that extra money??