Starting to Write My Plan

[Nan Wilson]

I'm not sure that I'm going about this in a useful way. I've heard lots of advice that I need to write out my plan. Is this the idea....

by 12-31-2018 i will be receiving $50,000/year in cash flow from real-estate investments

how i'll get there:
october 2013 purchase our house/9810 for $235k, $50k down, 5%interest, 30 yr amortize, 5year balloon
rent out one BR as BandB, or permanent roomer. put his income into llc?
by 12/31/2013 purchase condo for dad and yvonne, 2br, up to $150K, min $30k down (from aunt nan's estate)
real-estate license in texas?
by 12/31/2014, get conventional loan on 9810, take equity and purchase 3/2 sfr for rental, or small mfh in lower mid range

by 12/31/2015 purchase move out of 9810, and rent for minimum $1500/month