My dream is to reach a point of financial independence through real estate by my mid 30's. I'm currently in my mid 20's and looking to get started doing something. Single family homes are too expensive right now, I refuse to start off this journey by buying in a bubble. Coming up with enough personal capital for a down payment on a multi-unit property is unattainable at this point, short of pulling equity from my house (having no experience, I feel that would be absolutely asinine and a hard sell to lenders).Light bulb! (I hope) I have considered getting into the RV rental business. Very low barrier of entry cost wise compared to throwing down 20% on a SFH. Obviously it's not a traditional rental property and takes more work than a SFH to be dealing with multiple "tenants" every month. Conservatively averaging estimates for peak and slow months, I think it could cash flow at worst $100/mo with $150/mo being reasonably attainable. So, that's not terribly far off from what one could expect to cash flow on a SFH that they've got $40k tied up in between a down payment and closing costs.Can anyone speak from experience how RV rental is going/has gone for them?Even if I break even, or hell - lose money, I feel like the learning opportunity and experience of taking the plunge to try something would be worth it alone. Is this crazy talk or am I onto something with being willing to take a risk in the name of learning?Am I better off just saving my money and waiting for this bubble we're in to burst then buying traditional property? see hubwealthy.com/wealthy
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