Wanting to BRRRR, but only have 1-3 hours a day

[Joel McKinney]

Long story, not so short:

So I have one rental property (that I used to live in) and been wanting to grow my portfolio into a main source of income.  I am active duty Navy (enlisted), and am planning on getting out (not retiring) when my contract expires, in 2 1/2 years, with no solid plan for work at that point.  I do have a solid contact for POSSIBLY training as a home inspector when the time comes.

My mother passed away this year :(, and I have received a $20k inheritance so far, with $100k-$150k more in the works, but it will likely be several more months. I work 40 hours a week, my wife works 60-80 hours a week (she's a real estate agent that doesn't have it in her to say no to her clients, and is pessimistic of heavy investing btw). We have 3 (high maintenance) kids, that I mostly take care of by myself. That leaves me 1-3, (MAYBE 3) hours a day (M-F) to get anything done, before the kids get home from school. Right now I'm mostly trying to get my mothers estate settled, but once that is done, I want to go full court press on investing. I'd prefer to use the BRRRR method.

Any input on what a newbie can do with the 1-3 hours a day, 5 days a week?  Is that realistically enough time to see 1-2 houses a week, make 1-2 offers a month?  Economically perform the rehab while being "hands on" at all?

Thanks,

Joel

[Steven Foster Wilson]

@Joel McKinney you will do what you set your mind to! My first BRRRR deal was here in Columbus on the OSU campus, it was a duplex. My wife and I personally renovated (with some contractor help) the 3500 sqft building, gutting kitchens, baths, adding bedrooms, bathrooms, painting, flooring.

We did all this while:

- Working 40-50 hours at our day job

- Going to school full time at a business college with 15 credit hours a semester

- Having a healthy marriage

- Volunteering with our church

If we can do it, anyone can!