New member (and hopeful OOS investor-to-be)

[Michelle Jarreau]

I'm a newbie, from southern California. We are in our 40s with 1 headed to college, and 3 little ones at home. Like most everyone here, we are looking for early rerirement, and the chance to spend more time with our kiddos. My husband and I currently own 2 rental properties (both poor investments, ha... they were homes we moved out of and just didn't let go of). So, we are accidental investors, I suppose. 

We'e recently inherited a 3rd... the more we read/study/learn, the more we realize these are not working for us, and we are excited to turn that around!

We are especially excited about out-of-state investing and networking... flipping feels unrealistic in our market, but always open to try! 

Excited to continue learning from all of you! 

[Amy Kendall]

@Michelle Jarreau  Welcome to the forums!  I too started in investing by renting out my first home without really knowing what I was doing.  That home was on a 15 year mortgage and only cash flowed about $100/month.  It wasn't the greatest rental, but it allowed me to later tap into the equity and purchase other investments that have cash flowed very well.  I still have that property and it now cash flows $500/month and it will probably be my first 1031 into a larger multi family property.  Hopefully your accidental investments will help springboard you into early retirement!  Good luck!