I know with this being your first rental, the idea of vacancy is scary, but please trust me; a month of vacancy while you wait for a great tenant is going to save you thousands of dollars, hundreds of hours and immeasurable amounts of stress compared to what will happen if you pull the trigger on a questionable tenant because you are eager.

You could do it yourself if you're trying to save money although I would recommend you hire an attorney.

Save 10k , buy a 90k duplex :DI think if you start buying lotto tickets sometime next week, you should be able to raise 10k within a few months or so

I decided instead to save the $ and create organized systems that help alleviate some of the more tedious work that comes along with managing the properties myself. 

But while you're saving up, consider a mini house hack and get a roommate!

. - Leverage and save on taxes.I think your idea of buying one property for cash is splendid. 

So it may be wise for you to get yourself educated for a bit first and put the money into a low-risk liquidatable investment or savings account for now.Lastly, I swear BP isn’t paying me to promote this book, but I did recently buy and listen to the Audible version of the BP Publishing book by David Greene, Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties, which you can find on the BP Store or Amazon.

From reading previous posts on here over a few months I have seen that many people invest and then get the RE license to get ahead on MLS listed deals or save some money haha.   

Save all the rest of your money in ETFs or bond funds while you wait to get enough money to start investing.

Hello everybody,I recently bought my first rental property in the Bay area (around 9 months ago), so all my savings was a downpayment on this property.