New to Rental Investing

[Abhilash Joseph]

Hello BP group,

I am a newbie to these forums, in fact just signed up few days ago. Having thumbed through a lot of stories now I am looking forward to growing deeper through the community's help. I currently have a house on rent in which I lived in for 10+ years and so being emotionally attached let it stay as a rental unit. I liked the part where the house is taking care of its payments on its own thru rent and thus freeing up my finances for only my primary residential mortgage payments. I am looking to pay it off in the next 2 years. I have saved up to about 100K and am hoping to invest that in 2 -3 other 3-2-2 units for cash flow and similar outcomes. Hope is to have the acquired units/properties pay for themselves and become an asset for my kids in the future. I have a FT job which I would like to not depend on for my sustenance and thus allow me to dream bigger. Looking to grow a portfolio of about 10-15 units in the next 5 years, if that is not too far a stretch.

I am in the Missouri city/Houston/Sugarland area, so any and all advise and caution are welcome. Tips, pointers, are all welcome. Successful investing,