Is it too late for me

[Keith Gardner]

Hi Guys,

I'm a newbie here.  I've purchased my first house which I've been in for 3 years.  It's a single family home but it has 2 bedrooms upstairs with 2 full baths and a full kitchen, laundry room and living area.  The walkout basement has been completely finished with 2 bedrooms one bath, full kitchen, laundry room and living area.  It's on 4 acres in the city.  My goal was to turn my house into an Air BnB where I would have 2 places to rent and buy a condo to live in for a year and then rent that out and go from there  I've just recently rented a small space on my property for a tiny house and am receiving $300 positive cashflow from that transaction. My question is, with me just starting at the age of 55, is it too late for me.  My goal is to come out of my job within 5 years.

Thank you for responding