Then consider what it takes to enjoy that lifestyle.

I use to save up for rental down payments using my high yield savings account, then I discovered the Rockefeller Method, using optimally structured & funded whole life insurance as leverage to build cash flowing assets.Teaching this method has become my passion; happy to share my lessons learned!

Quote from @Jacob Borstad: @Drew Sygit currently we have an emergency fund with enough reserve for a year for our lifestyle.

In the next 3–5 years, I’d love for real estate to be able to fund my lifestyle.

However, if you are expecting this property to make a substantial difference to your lifestyle n the near term, I fear you are likely to be disappointed.good luck

Set for Life is an awesome book every 23 year old should read in my opinion.You sound a lot like I sounded at age 23.

If the Tenant Buyer walks away from the deal I get to keep his Option payment, since it is non-refundable and I sell to another Tenant Buyer and get another Option Payment usually about $20k to $25k.I encourage buyers to get qualified for financing, give them a mortgage broker contact and to plan their lifestyle to be able to get a loan to exercise the Option.

If the STR makes sense for you and your lifestyle, then do it .

It doesn’t swing, doesn’t get handled, and has almost no moving parts to maintain.If you really want zero glass at all, a full wet room style works too, but it requires waterproofing the entire bathroom, which drives cost up.For rentals, the half-wall has been the best mix of:• low maintenance• no moving parts• more durable than curtains• still looks intentional instead of improvisedKeeps the water in, keeps the repairs down, and tenants don’t complain about it looking cheap.

I would agree with your Dad--your job right now is to get the best grades you can, and learn as much as you can; that education will serve you the rest of your life.