You will likely have negative initial cash flow reducing this return, but typically the negative cash flow is short lived. 

You will learn how to manage investment property well while earning a solid paycheck.

I'm sure you have investment properties that earn $1,000 net profit per week... 

These days, when people sell on land contracts, it's often with the intent of not recording it, trying to reduce the chance the original lien gets called due on sale.

To reduce taxable income, focus on maximizing deductions for expenses like materials, labor, and interest.This post does not create a CPA-Client relationship.

One final point:We pay tax on every dollar we earn over our lifetimes.

It depends on the performance of the investment compared to the performance of the personal residence.If the investment property doesn't add to your monthly earnings, and doesn't appreciate equally to what your personal residence would, it's not worth the investment.

@Michael VelezHouse hacking is a great way to start investing, as it helps you reduce living expenses while building equity.

Besides, we've already secured over 100 domains for future builds nationwide :)Perform cost segregation to reduce taxes. 

And don't let cash flow be the end all be all, if you have people living with you, your expenses and mortgage is significantly reduced that you pay and you'll be saving money, learning to be a landlord for the future, and building equity all at a young age!