Best strategy to make 200K/Yr Cash Flow in 10 Yrs

[Jonathan E Francois]

I am planning to move to a developing country in 10-15 years to pursue a passion of mine in the medical field. However, I would like to make 200K/yr in passive income by the time I move abroad to be financially secure for my family. Is it a realistic goal? If yes, What type real estate is best: Residential real estate (single families + small MultiF) vs Commercial Real estate vs Self storage? Which one will provide the most cash flow and require the least amount oversight? 

All Advice would be greatly appreciated. Thank you!

[Rick Martin]

@Jonathan E Francois It can be done, but remember to continually redeploy your capital consistently to increase the velocity of your money. Think of syndication like you would a brrr. You place your capital, earn cash flow, get the tax write-offs, but when the syndicator refinances or sells, get your return of capital and reinvest it (do it again). This redeployment allows you to multiply your investments, and therefore your income streams. Some use a strategy to spend the cash flow but reinvest 75% of their returned capital and profits, and they then add the remaining 25% to their cash flow. This way, you are padding your income streams by 25%, and then you can see that you can truly live off the passive income while building equity (and wealth) with your redeployed capital and profits. Hopefully, that makes sense. Always available to discuss.