5 year plan

[Ryan Heilig]

I am looking to make my first investment and would like to be generating 150-180k net within 5 years by adding properties each year. I own a primary residence and I will live in CA and looking at out of state investments.  I have excellent credit and about 200K cash and another 100k in equity I'd be willing to tap into. Looking at 2-3bdrm STR for first couple properties, possibly in the smokies and then some LTR or STR in various markets to diversify.

Is my net goal realistic in that time frame with what I have to work with? I would add another 50-75K yr in cash to invest on top of parlaying income/equity in owned properties.