I have completed this multiple times and hit my goals every time because it forces you to break down your goals into smaller daily tasks. 

I do the #dalilydial, a mon thru fri daily meet up online with other new and experienced investors lead by an incredible leader, #carolinecane, and weekly guest speakers who share the time and knowledge freely.

FSBO, expired leads, local homeowners)- Nurture your network consistently via phone, email, text, in-person events- Set as many appointments as you can to get in front of people and explain your value proposition... then go back to nurturing the contact until they have a question or need something from you- While doing all of the above, try to avoid/ignore the 'shiny objects' that are sold to agents on a daily basis. 

Average daily prices is back to precovid.

I would start breaking down your goal/number ASAP to get an idea of what your daily actions need to look like.$500k annual cash flow in 5 years -> 1-year rate: $100k per year in cash flow -> ~$8k-$9k per month in cash flow -> hypothetically speaking; $2,000-$3,000 in cash flow per 1 co-living property = acquiring ~3-4 properties per month starting now, which realistically probably means around 15-20 offers per month, at least from my experience, unless you have some fantastic source to acquire deals off-market. 

I would estimate the daily rental rate would $3-4k and around $25k on a monthly basis.

@Lars Bruinink I search my target markets daily for new deals.

Hey @Jay A.I work for a turnkey company in Memphis, TN, and below is a list of the most FAQs that I receive on a daily basis.1 - What market do we invest in?

This is a predictable cash flow play because housing affordability worsens daily.2.

I'm fortunate to discuss all sorts of complex real estate tax issues with Michael on a near daily basis.