$40k saved up for starter rentalHey I’ve been saving up aggressively to get into rental investments I’m currently in college using gi bill and I will be for sometime .I wanted to use the va loan to get a house because rent is really really high where I stay also I need to get started now while I’m young . (1150 just for a room and bathroom.with everything else,like kitchen ect is shared with 4 other roommates located in 😅Prince George county Maryland) But the realtors told me I can’t do anything without employment verification like w2 or pay stub.even though I’m making good verifiable money every month from gi bill and my side business I have great credit also.

He should have a visa, likely H1B, and an offer from his employer.

We generated a gross profit of approximately $700,000 over two years.

Definitely install some sort of smart lock that automatically generates access codes for your guests, try bookkeeping software like Stessa, and use a Ring doorbell camera to monitor who is coming and going.Good luck and keep us posted with your progress!

If your area is conducive or you are willing to pay the taxes and abide by your local regulations STRs can generate incredible cashflow.

I am able to withdraw from my 457 after I leave my employer with no penalty for age.

Consider buying an investment property in a less competitive area that will generate income, instead of a personal residence. 

Selling information on how to do real estate  ( this can be number one income generator)7.

Don't be surprised if they ask you for your personal financial information (credit report, employment verification, recent paystubs and bank statements).

This market has effectively collapsed over the previous 12 to 18 months... price for fixerupper properties have dropped to lows not seen in a generation"I still have the property associated with that appraisal.