How to invest in apts without a high income?

[Jacob Prelle]

I make 150K a year right now but I work 2,000 miles away from home and from my wife. I'm miserable. So in 6 months, I'm taking a job back home making 100K a year.

Can I realistically buy an apt building (as many doors as I can) on that income? Or should I be looking into some alternative?

Reading through some forum posts, I'm finding that syndications require 'accredited' investors, which I am not. 

FYI - end goals are to have 10k relatively passive income a month - in perpetuity. I may 1031 exchange later, certainly will buy more, I don't know. It may take 10 or 15 years to make that. (i'm hoping only that long)

[Megan Hirlehey]

Originally posted by @Jacob Abuata:

Rookie mistake, sorry about that.

I make 150K/yr now. (in 6 months will reduce my income to 100K/yr)

I have 100K saved right now and in 6 months I'll have saved 150K

Moving from Pittsburgh back to home in Orange County California - not possible to buy a reasonably priced multi. Seriously it's at least 1 million for a quad.

I haven't delved into loans yet. But if you're asking about my credit (ability to obtain a loan), I have zero debt and 815 fico.

Are you set on investing in OC (sorry if you answered that somewhere else in this post)? If you're in Pittsburgh now, you know the property prices here are wayyyyy more reasonable than OC and you have some familiarity with the city I'd imagine. Pittsburgh is a great investment market, $150k would go a long way here. I work with several OOS investors who have smaller budgets than you. I'd spend the next 6 months you are still here looking for investment property here and building up your team so that when you move back home, your rental income will be mostly "passive."