Although my net worth is fairly high, it is mostly tied up in ROTHs and my personal residence, which I would prefer not to leverage.

Kelly I looked at recruiting agent for my firm years ago.At one point I did an active campaign and had about 45 agents at my firm at one time.I have found most agents feel entitled or won't follow the steps you tell them to be successful.They will skip some steps because they are lazy and want to "get rich quick" like the rest of the population which is why so many fail.If I add an agent say on a 70/30 split then I have to take time from my own deals where I make 100 percent to make 30 with them.The training and getting over their mindset takes so much more time than me doing my own deals.This is why I have only 7 agents right now.I got rid of the rest.Many companies try the 100 percent model but you get either new agents having no experience,part-time agents who are rusty,child support demands,irs tax liens,license lapses for education and or non-payment of dues etc.It is a huge headache to keep up with for a low return.If you go the other route you can train new agents for a fat split before they leave the business or train a select few agents that you want to feed leads to on your team.I just focus now on my own investment purchases and my own commercial listings.

With 60K you could probably buy two solid SFR yeilding closer to a 20% cash on cash with leverage.

Working with other agents means I have to spend a lot of time educating them about how the rentals process works because it's really not something people specialize in here.

They're designed for the state of California.If you want to critique them and think you have educated/experienced valuable feedback message me with your email and I'll send em over.

Education provided (assuming you attend good clubs that are not just pitch fests for guru types looking to take your money and run)5.

I think Chris knows because we had this conversation a little over a week ago, but I would likely apply a similar strategy (perhaps without the leverage).

(Not legal in Illinois and six other states - impractical in 10 others.)Solutions are out there, but they are complex and require training and education to utilize.

If you are starting out or early in your career then you need to be more leveraged.

It seems a little ironic what banks like and don't like, but I'm sure there are just things that I'm not educated on that makes me think that.Honestly, I have only called about 6 local banks and my credit union, but have heard the exact same thing from each one.