Originally posted by @David Abbate:Wholesaling is marketed as an accessible way to get involved in REI when you have nothing.

I own a single family house with no mortgage. I bought it as a flip and listed it 2 months ago. Property has been under contract twice and both buyers walked due to the current pandemic (understandable). I have no int...

You should/could be getting twice that much...and yes, you can build wealth on rentals...even though I will tell you I wouldn't hold any individual rental for more than 5 years.I wonder how many REI that bought for future value, and with the aim of 100% equity for retirement, planned for how they would access all that equity...and what the impact of Capital Gains taxes would have on it?

Also I couldn't open your spreadsheet, but I've requested access and I'd be happy to discuss the deal with you further after I've seen it.

Also, Roth IRAs are much more flexible and accessible than 401(k)s.

I hear that I should only consider markets I can access physically on a regular basis or can visit many times to "learn inside and out." 

I typically ask to see the pay history and any servicing comments, along with any other collateral files that are easily accessible to the seller, before I make an offer.

You could have "access" to the equity on your property without actually cashing it out.

Along with real estate illusions of just let me teach you and you will be rich in no time..really depends on the student.. you can have 25 taking a class and 5 will excell 15 might trundle along at 5 will do nothing. its not easy without capital or access to partners with capital when your starting out.

Looks like the sba and treasury has denied multifamily owners from accessing PPP funding.