After a while, when you learn all the essentials, either ask for a cut from each deal you personally handle or go on your own.

Since we're a community.

Sourcing distressed deals is often slightly different messaging than a more core/turnkey asset that you are paying market rate for.And finally, tangential to my last point: are you actually willing to pay fair prices or are you only looking for "steals"?

It’s one of the smartest ways to get started with real estate investing, especially while you’re young.Here are a few tips to keep in mind:Use an Owner-Occupied Loan: FHA (3.5% down) or Conventional (as low as 5% down) loans are great options.

Looking for Tips on how to find places that have multiple cabins or additional dwellings on a property that I could live on and run.

@Jim Coleman Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Just like @Allie McAlister posted, we are seeing the same thing in Memphis.

Take a good look at the bathroom.

These would allow you to defer all of the tax in a 1031 and provide passive income.

We could definitely get you the funds to buy it AS-IS and knock out that reno in six months.