As in any business, there are a lot of tire-kickers which minimizes the amount of time I may spend beyond a quick intro call.Good luck,Steve

After we move in 4-5 years, I would rent out both units.Pros:Potential for long-term appreciation in San Diego.Cons:The property will not cash flow enough to cover the mortgage while we are living there.After we move, it would provide very low returns and minimal cash flow.Would require a significant portion of my liquidity, making it harder to invest elsewhere and grow my rental portfolio.2.

Using cash-out refinancing, you can grow your portfolio with minimal additional cash from savings.Lasts throughout Your LifetimeYour rental income depends on your tenants maintaining similar wages throughout your lifetime.

It shows individual gains and ROI over a 30-year period, which helps identify which factors provide the highest returns and make informed investment decisions.In your case, even if you're not cash-flowing in the first year, since the negative cash flow is minimal, I’d still go for it.

I know this is not going to be immediate...I will be making mistakes, I just want to minimize the damage of those mistakes!

@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

It creates a great first impression and you can delay the backyard until cash flow improves.2.

If things are tight or you don't have expendable income to invest I would go turn key. 2-4 unit properties would be great, the goal is to minimize your monthly housing expenses to save so if you are occupying a unit you will probably not cashflow

This mismanagement greatly increased our maintenance costs and delayed efforts to improve the property's condition.Evictions & Vacancy: Due to these missteps, we spent months working through the courts to evict problematic tenants.

Usually this means that the tenants have to provide access (within reasonable common notice), have to cooperate in access to make repairs (if they don't they would be liable for any additional damage caused by delay in repair), and subject to paying for a locksmith because you had to change the locks because they wouldn't give keys or provide access.