And the adventure begins.

[Michael Glaser]

Going to write this post in bullet format for ease of organization...

Wife is an emergency physician. I am a contemporary cabinetmaker, ex-futures&options trader at CBOT. We have two children (age 3 and 6)

We are going to start investing into the rental market after we see what the corona virus aftermath is, it may never be 100% clear - however we will invest when things are a *little* more stable.

We have $200,000 / year of liquid equity we will be able invest, per year, for the next 3-5 years. Any returns will be reinvested. We would be happy with an 8% annual return, which from reading over the last 6 years appears to be fairly feasible. 

Why real estate? We want real property that can be sold in the future if-we-so chose. 

We have looked at Memphis Invest (ReiNation) to start out, and diversify in different types of properties thereafter. Turnkey seems simply enough, we do not mind paying for a *premium* service and feel we could learn a lot through working with them.

We live in Nashville (3 hour drive). There seem to be plenty of available homes there with not much work needed.

We do not want to be hands-on and would rather have a management company handle the micro-managing so we could macro-manage our portfolio. After all, our brain is only capable of making so many (good) decisions per day.

I am able to build and install brand new (very nice) kitchens (10' x 10' x 6' island) for $2,900, which is my cost, and can ship anywhere. I am a skilled painter and drywall installer as well. We're not certain how that could help *a lot* or maybe not-at-all, but I believe, through no evidence other-than my gut, that beautiful cabinetry will attract renters quick and create a delightful rental environment.

Any and all insight is welcomed. 

TLDR: New investors with 200k liquid capital/year for next 3-5 years. Want a mix of cashflow properties, buy and hold SFH, etc. Want real estate because we could potentially earn $18,000 per year for every $200,000 invested and in 20 years have the option to cash out by selling properties.

Thanks for reading!

Michael & Alessandra

EDIT [I posted this same thread in *new member* introductions, but frankly feel more people read this section so May be able to snag some more insight from everyone.