Also, a future rent increase once the lease is up will be less of a financial burden on the higher income earning tenant than the lower earning income tenant, therefore reducing turnover. 

I have a mortgage on my house and it it just a never ending debt, there are alot of people who have 100k in savings earning .25 percent per month all the while the bank takes that same amount and lends it out at 4-6% I really want to set up a creative plan to let people earn 2% or a minimum 1-4k  per deal with little or no risk.

I want to become a real estate agent but i have no idea where to even begin, or what to say if i am speaking to someone that can help me. i am not asking for anything more than for help on how to get started and what to look/ ask for in order to become an Agent.The reason i want to become an Agent is because i am looking forward into investing most of my money (overall that I have and will be earning in the future) into real estate.

I was truly unable to appreciate this fully until very recently, and thought I'd share some of the incredible advantages that I once took for granted here today:- Ability and comfort to open a bank account, write a check, and manage money online- Ability to obtain a credit card, debit card, and to access ATMs- Ability to prepare a budget and earn a regular paycheck- Ability and comfort with discussing the concept of "investing", much less specifics of real estate investments and terms like "ROI"I'd encourage anyone else who feels frustrated with their current financial position to take a moment and jot down some knowledge or advantages that you've taken for granted.

Surely you can make that extra money work harder than that--that is, earn more than 5%.

I realize that brokers want to earn a commission, and they will push these investments hard. 

If you started paying them back their gift, using your annual exclusion, the family members would not report it as income, yet they would be earning money on their "gift" so it will be seen as tax evasion (fraud).

Depends - can you earn more on your money outside the 401K then don't contribute.

(My borrowers earn much more than I do on every deal, as they should.)

I expect to have relatively no repairs needed in the first 2 years that the renters deposit wont cover, but I will carry $100/month from earnings in holding until the end of the year, at which point I will hold and only replenish if I use it.