To qualify, you have to prove actual day-to-day management or operations, not just investor-type oversight.Things like studying financials, preparing your own reports, monitoring money without being in a decision-making role, or having occasional consultations don’t count.

The goal is to achieve and maintain financial freedom.

Audited financials not being submitted2.

Deferred maintenance, inadequate capital reserves, self management, “off the books” payment to employees/maintenance staff, free rental months to skew gross rental income, recording expenses to a different property, and recording of phantom income and phantom tenants makes me very suspicious of any financials provided by the seller.  

Long term, I’m aiming to scale into a portfolio that generates consistent cash flow and positions me for financial freedom.🏠 I first got interested in real estate a few years ago when I bought my first property in cash and saw how rental income could truly change the financial picture.

Are there other strategies that would make more financial sense with a little money down, or is it better to wait and build that initial capital?  

My goal is to be financially independent by 30, I would like, passive, around 6 grand a month, enough to be comfortable without a W-2 job.

Quote from @Stuart Udis: @Evan Alexakos Don't rush into something you aren't financially prepared for.

Unless OK has a law that says it needs to be a special type of account, but I doubt it.The statute you quoted says (in part) this:Any damage or security deposit required by a landlord of a tenant must be kept in an escrow account for the tenant, which account shall be maintained in the State of Oklahoma with a federally insured financial institution.

Quote from @Ronak Jain: My name is Ronak Jain, and I’m excited to join this network of real estate investors and professionals.A little about me:I’m based in Texas (recently moved to Georgetown with my family).Professionally, I work in IT technology and bring experience in leadership and operations.I’ve recently been exploring real estate investing as a way to build long-term wealth and financial freedom for my family.What brings me here:I’m looking to learn from experienced investors, understand different strategies (short term rentals, single-family rentals, multifamily, or even passive syndication), and take my first steps with confidence.I value connecting with people who are open to sharing knowledge, collaborating, and growing together.What I can give back:I bring skills in technology, and I’m always happy to share ideas and support others.I believe in building long-term relationships built on trust and transparency.Looking forward to connecting, learning, and eventually contributing back to this amazing community!