$5The 2% rule is geared towards properties that generate $500 a month in rent.

Thanks for the advise.

If you eek out some time and spend it doing something that will generate more income (i.e., take control of your own life), you at least of a shot at improving your situation.

The cash generated is usually not very much.

Can anyone give me advice on how to find investors to purchase a home?

Thanks,
Diane

Living it too often turns a "house" into a "home" and generates emotional attachment.

The answer should really depend on your age and how easily you can generate cash from activities external to your real estate business.

I would advise to invest in your backyard if you can.

Good to know there is a simple solution because there are a lot of potential propeties out there with weathered aluminum siding that wouldn't generate the income to justify replacing the siding.

You don't want $120,000 in a home that's only generating $7,000 a year in cash, that's a 6% return.Instead take that $120,000 you have and leverage it into $480,000 of property (75% LTV).