New investor from Canton Michigan (outside of Detroit)

[Brandon Boase]

My name is Brandon and I am new to all this. My wife and I are in our mid to late thirties. We are wanting to create a new income stream. I am in a physically demanding career and if I was able to work, I would like to replace my income. I think in the long term we are thinking rental properties. I don't know if it will be single family homes, or something else. We are trying to absorb what we can now so we can act when the wife is more comfortable with all of this. At the moment we are renting our old house to a friend. It is not cash flowing at all at the moment, but we can't do much because we are upside down in it because we bought in 2008. We hope to one day have a portfolio of properties that could cash flow enough to allow for FI and be relatively passive. Thanks for all the knowledge.