18 month plan to quit my job. What do you think?

[Aaron Z.]

I am quitting my job in 18 months. To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very little extra time at the moment, however after I quit my day job in ~18 months I'll have lots of time, but no ability to get financing. Up until now, I've been planning to buy houses at ~70 LTV and rent them out for a pretty good cash flow. Going this route I would only need a small number to meet my goal but it would mean a lot of dead equity. I am also very familiar with route as I've done this multiple times before. An obvious alternative is to use the BRRR method. The benefit being that I get a much better return and very little of my money would be tied up in the properties. The downside is it would require a lot more time to find and buy and renovate these houses and cashflow per property would be smaller so I'd need maybe 3 times as many. I also have little to no experience using this method... Should I save the capitol and go the BRRR route and probably not meet the income needed 18 months from now? Or should I play it safe for now and take the BRRR after I can do this full time? I'd really appreciate hearing how you would handle this situation.