i need advice/guidance..young professional trying to get into the landlord business

[Donald Longo]

Hey everyone,

I am a 23 yr old young professional working in Healthcare. I want to try and get into being a landlord but buy properties up as i go. I want it to be something that i can someday retire from healthcare, help pay for my children's college, and allow for me to have something i call work but still allow me to have a non stressful retirement $$ wise. Now i know this is a goal that will not be accomplished over night but its something that i want to get the ball rolling..the younger i start the better ill end off right? I need peoples advice where to start, what to look for, and any tips to the business. I have been thinking about buying a duplex and living in it in one half with a buddy and then renting out the other till i gain some bankroll to start buying others. any thoughts? I have talked to some people but then i stumbled upon this website and think its great and people seem like they know what they are talking about. Be honest with me, tell me what i need to do and what road I'm in for with this type of business. Thanks everyone!

Donny-

[J. Martin]

@Donald Longo , my best recommendation is to keep your expenses low, read lots, and I recommend using an FHA loan to buy a 4plex if you want to really utilize limited capital..