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As he said. My income was $2k, but my first investment property was $302k, which I purchased using the money I saved when I worked at Subway. The second $310k and the third $249. Best ROI was the $249k one. I started 2 years ago with my last purchase 1 year ago. They have minimum rental...

It's like climbing a mountain. You can't see that far ahead till you get over the hurdle directly in front of you. Get to one, you can see two, get to two, you can see 5, get to 5... etc. Stick around here and you will learn a lot. I call a few forum members friends in my offline life now...

As mentioned by Brady, tenant insurance. You can have insurance for everything. I would recommend getting as much as you can. It's hard to explain, but once you get past your first IP up and running, things seem to sort themselves out. I've heard the real magic number is minimum of 5...

Definitely keep a buffer. I have had 2 properties not pay rent for months putting me $15k+ in arrears. I got it back with insurance but it took time. It hardly affected my spending habits. This was a habit I learnt after struggling for the first 2-3 months after buying my first property where...

I'll put what everyone else is trying to state more simply. Read between the lines, it says... Stop looking for support here, get your head out of your *** and pay attention. This is a terrible terrible "investment". If you require some imagery to go with this. If you go ahead with...