It's tough if your market is not a retirement destination area or one that has a dearth of locum medical staff. 

Every lender will require 6 months of reserves and it can be in a 401k or retirement account, as the money doesn't need to be liquid. 

If you're more debt adverse, like me, you could save the cash, or sell possessions or non retirement stocks to fund your first deal.

.🏡 BackgroundMy parents own a home currently worth $2 million, bought for $500KThere’s still a mortgage on it, but they have ~$1.8+ in equityMy goal is to partner with my family and responsibly borrow against the house to start building a rental portfolioI live at home, have almost no expenses, and want to reinvest aggressively💡 The Core StrategyFinish college with minimal debtLand a solid W-2 or commission-based job out of school (sales/consulting/real estate)Convince my parents to give me partial ownership of the house or structure a joint borrowing arrangementTake out an initial $300K–$600K loan against the home (not the full $1M+ possible)Use 25% down strategy to control $1.2M–$2M of real estateBuy 3–6 rental properties in cash-flowing marketsHold ~$50K–$100K in reserves to avoid overleveragingRent pays off all property debt + covers most (if not all) of the home loanUse job income to fill any short-term gap (targeting break-even or net-positive cash flow by year 2)Reinvest profits + refinance gains into new properties every 12–24 monthsEventually scale to 10–20 doors, pay off the home loan, and build a family portfolio🧠 Long-Term VisionCreate a multi-generational wealth plan with my brothersBuild an LLC or family trust to manage propertiesUse smart leverage + cash flow to retire early or buy full freedomTeach my family how to compound togetherEventually pass on millions in property to our kids — no debt, just systemsWhy I’m PostingI don’t need hype — I want honest feedbackWhat would you improve?

Looking into this strategy as I find it interesting and think it is a really cool service to be able to provide nice housing for people in retirement.

We have plenty of reserves in a college fund, several retirement accounts and a large HELOC.

No property taxes in the future if you retire there????

I listed it at $1,500 and quickly found a retired couple receiving monthly benefits who loved the home.

I became an accidental property manager, I manage my dad's property in central Florida while he is retired in Mexico.

But is this a smart way to begin my real estate journey, with my goal being to retire myself and future wife by 40 with 20 doors.