Now both of us are working so we might just be able to make it and take care of other expenses but our monthly savings will plummet. 

Some consistent areas of cost savings were the flooring and plumbing.

It has paid us back 5 times our initial investment in income tax savings alone.

I appreciate that you love to follow people online, but many give wrong information either because they are wrong or because what applies in their state does not apply in yours.You must surround yourself with local investors.

I get your point on the rent part but in my defense, they are saving a ton of money by renting from me.

Should I seek out private money and face high rates or should I save money for a regular home loan instead?

I don't have the capital to get started now but have been learning all I can so when I'm ready, I'm 110% ready.I'd love to start walking through these properties I'm watching online.

The problem, I did a no money down VA loan, so I have no real equity in the home, and the amount of origination fees, funding fees, and seller costs would mean I lose on the deal unless appreciation saves me or I figure something else out.

@peterpham created a Meetup for August 14, at 7pm at Dineen Coffee Co.If you're interested in attending our very first Bigger Pockets - Toronto Meetup, be sure to RSVP here to save your spot:https://www.meetup.com/meetup-group-eRCXVbxb/events/253517472/

Having engaged in reading about rental properties, I proposed to my brothers that we each save $1,000/month from our jobs and invest in two multi-family homes in a year, and save the cash flow from those homes to buy more homes in the coming years.My older brother's preference is to take over his client's buildings.