So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Buy and Hold investing is a great avenue to begin with as most people live their lives off of residual income. 

It will take at the very least 200 units to achieve that income goal.

Michelle Wang,With all due respect, you should make plans to be in another business once you're out of Real Estate Investing (Residential, Income Property).There are Members of our MassRealEstate dot net Association that come crying to me about similar situations as yours i.e.

I am looking for a RE financor/investor to lend me the amounted fix money we agree to buy the property for, and in exchange I will pay the investor a 6.3% interest by distributing monthly passive income to them in a duration of 15 years.Using the deal that I currently am seeking for now, This Fourplex is listed for $459,900. i plan to negiociate down to AT MOST $409,900 (50K less than asking price).

Yes I recently purchase this so called mentorship but before I made the purchase like a few other people stated here on this platform they were contacted and a so call interview to see if you are a good fit ...bulls..t they pry to see if you can pay with a credit card as Ed said word for word you can use more than one card but before purchasing I told Ed Peter's right hand man I do not want books and video if that is what it is I don't want it .. ooh no he says we hold your hand meaning peter as I can see someone else got the same script on this platform ..after paying 15 000  guess what came in the mail books and software with videos go figure and I stressed that is not what I want and asked for my money and Peter said no refunds  I suggest you watch the videos I called to chime in on his Q&A session he was answering question from one of the another protégé  and once he finished and the protégé  hung up Peter said if you have any questions punch *6 so I'd did just that instead of him asking me what was my question he hung up the phone on me as if I was not there it is was sad because there was only 2 people that was on the line me and the other supposed to be protégé if you are thing Bout being apart of epartners  I suggest you think twice I don't think it is a good idea I am out of 15 000 as 4/26/22 I am furious  these so-called wealthy people are ripping of the public 15,000 is a lot of money to be in debt with no income coming in and you put your trust in a person  that claims to be helping you reach financial freedom and don't give a dam if you live or die stay away from this program

Real estate is an excellent avenue to help you achieve those goals, especially since it can create both passive income and long-term wealth.

You kind of have to pick a lane - do you want income or 4 units in 4 years?

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

First tenant was on a fixed income as a retiree, so I was hesitant to increase the rent after the first lease period.