I am in my mid 50's and my goal now is to get into this to eventually have a few properties to create passive income to supplement my retirement in a few years.Would like to start out with a duplex and learn what I need to know then maybe some larger properties.I'm always willing to learn and take advice from those who have been doing this longer than me.

@Jon KlausThe number is a moving target, moving over time, experience, inflation, the economy and age of the investor.When I started the goal was to supplement a retirement long in the future.

As a supplement to my normal income and a buffer if I lose my job.I believe I can handle managing that many(may be wrong)At what point do you think self management becomes tough, if you are trying to work a normal 40 hr a week job?

I am hoping to become a manager of a cash-flowing property so I can supplement my income.

I feel that this would be a great learning opportunity supplemented with what I learn on BP.Thank you!

It's because making money off you supplements what they do, (if they really do anything) meaning they probably need to branch out and do something to put more money in their pocket because just wholesaling doesn't make them the living they want you to believe it does.

I got 2 supplemental bills with a different fiscal year last year.

Cash reserves that can supplement income can be a factor, look closer at credit and past rental experience to consider the intent and probability of such reserves being utilized as needed.

I should be able to make some good supplemental cash while I'm out and about - on top of the other RE income.

We supplement this strategy with pure rentals.