22yr old investor and my plan. Would love your feedback

[Aurus J. Sanchez]

My goal is to achieve 3000 a month in real estate for my future and i would love to see if my following strategy sounds realistic or if it can be improved. I’m open to hear everything.

THE FOLLOWING IS MY SCENARIO:

I’m 22 and I live in NYC BROOKLYN. I want my first property to be a triplex or fourplex.

Everything in NYC is expensive so my plan is to purchase my first property in New Jersey using a FHA loan.

Once I have that loan and get the property I want to use the BRRR strategy and continue to get a couple other triplexes or fourplexes. Also how much money should I save for the Rehab portion?

I really do not want single family homes or 100 properties.

Just want about 3,000 a month of passive income in a future from my properties.

What do you guys think?

[Joe Villeneuve]

OK.  What's your plan then?