I’m very much interested in a duplex or something of that nature here on the gulf coast of Florida.

Ch. 1 Why I Love Rental Properties Ability to use the leverage Ability to hustle for greater returns Ability to manage my investment directly People always need a place to live Its worked for millions of people before me Fairly stable and predictable for those interested in long term gains Not having to be presentThe 4 Wealth Generators (from a rental) Appreciation- natural and forced (the only generator flippers get) Can be very risky but can be the icing on the cake Cash Flow- buy properties that offer cash flow today.

Hey Donavan, if your parents are willing to trust you on what you're doing, you can get them to co-sign you and incorporate their income with your first property.

You were brought up in the industry so some of this is second nature for you and a great support group (family).  

That said, if this hurts your reviews, an experiment of that nature may be costly to recover from.Cleaning & stocking is not glamorous or particularly difficult work, but it is important work. 

While not building a cash flow yet from these - I feel like the loan being paid down each month and getting some natural growth in value over time will help - or at least I hope for these two.I made a ton of mistakes during these first purchases (and this is coming from someone that knew NOTHING about real estate or had any friends/family who gave me advice.) 

Works best with 5+ units due to commercial nature then. 

It seems like you’re still undecided as to whether you want to join a team or operate independently and as Anthoney mentioned it can offer a lot of flexibility because of its cloud based nature.

I’d like to go for the full $50 million.For such a substantial sum, we would just pay our own expenses which naturally, would be trivial.

Do you think i should worry about cash flow in my very first property, or should i go ahead even if i break even considering i will be getting natural appreciation at a higher rate in these areas?