Now I know the scenerios don't scale on a straight line because some costs are more fixed than others (I'm looking at you groceries) but making half the money I am now (which isn't a large amount by any stretch) I would have probably bought the smaller house in town, I would have bought a much cheaper vehicle.

dont get this kind of advice from the internet.. contact the regulators in your state.. describe what it is your actually going to do and they will let you know whats required.for instance in many states no license required for commerical non owner occ.but that are 10 to 15 states it is required.. so it cost you NO money to check with your state and get the straight scoop.

My property is 20 miles away, I am going out there for maintenance straight from my home, after I do the work, I am headed straight back to my home.

(Instead of ‘wasting’ that appraisal $500 I thought it made more sense to put that straight into the principal) but this totally depends on your personal preference and situation.

I am currently 18 and just trying to get all the information straight and trying to understand it all.

Are you taking equity out of your first rental or going straight cash?

Hi @Jonathan Schwartz,In this case, going straight to a lawyer would likely be best.

The alternative is to work until I am 50 or 55 and invest that $100k passive income into other investment avenues to setup even further success while still making good money in corporate America.Those were pretty long winded examples to basically get across my question of do you have any good methods for how many of these methods/strategies break the boundary of straight investing to actually becoming primary income for the investor.

I had tons of tools and material at my last BRR for 6 weeks straight and was very fortunate. 

I recommend going straight to the listing agent of the property that you are interested in.