The 'extra veil to pierce' concept is not always correct.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Changed the ceiling in a bedroom that was flat and pooling water, electrical, pex plumbing, roof, central A/C added, new drywall in about 70% of the home and restructured the living space to give an open concept dining/living area as well as create a 3rd bedroom.

First you need to get past the 'extreme fear' concept.

Changed the ceiling in a bedroom that was flat and pooling water, new electrical, new pex plumbing, new roof, new central A/C added, new drywall in about 70% of the home and restructured the living space to give an open concept dining/living area as well as create a 3rd bedroom.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

There are other considerations (unrelated adult occupancy limits, for instance), and the math is simple (what about repairs, for instance), but the concept is easy and replicable.

Originally posted by @Alan Marentes:so as someone who is completely new to this how would i start owning a rental property and not using much of my own money You can start by learning basic concepts.

Buying with cash and then placing a "Line of Credit" (LOC) on the property - this might not be a bad idea but let's cover a few things; the concept of a Line of Credit is that I use that LOC and then pay it back.