Quickest path to $20k\m passive income. CF:App ratio?

[Matthew Terry]

Hello BP Mates,

Welcome back after the holidays, I hope they were fabulous.

I'd really appreciate some stories of your experiences to illustrate your thoughts.

I'm looking to invest in markets that have good cash flow fundamentals, but slower and more linear to appreciate than others because of the lower capital needed typically to buy properties.(Kansas City, MO, Memphis, Indy, Huntington, AL, OKC).

Let's say I want to achieve $20K in passive income per month within 10 years and I'm starting from $0. Should I be considering markets that appreciate more to get to my goal faster?

After 10 years, SF homes that appreciate at 5%to 6% ( as opposed to 2-3% might allow me to leap ahead in cash flow because 1031 exchange funds would be much higher. Maybe at year 10, I might only be at $15K monthly, but I'd jump $5K in the last year because I bought an apartment building or mobile home park.

Otherwise, would I consider averaging $2K per year in new cash flow as a goal?

Does focusing on appreciation, as long as cash flow guidelines are met, make the snowball larger faster?

I'm not sure it's easy to find 1% rule SF in markets that appreciate at 5-6%. In order keep my capital deployed, would I go down to 0.8% R:V in a market that appreciates 100% more? Is their a guideline, like the "1% rule" for an appreciation to cash flow ratio. Or is appreciation just speculating since I'll be waiting 10 years?