Then find a new spouse and continue doing it, or retire with all your wealth-generating assets.

Add $12k to your cost, generate an additional $200 / month in NOI, and now you’re at a 5.52% cap.

Growing cannibus can require high energy and water consumption

There are a lot of note buyers out there in the secondary market that like owner generated paper.. if you buy cheap enough you can still do very well with the higher returns those investor expect.I help my land flippers I fund do the same thing even today.. 

You can start learning the ropes of real estate investing and begin generating some cash flow.- With $50K to $60K, you can find a decent LTR property, but make sure to do thorough analysis on the property's potential for cash flow and appreciation.- LTR properties often have more stable income streams, but they might not offer the same level of cash flow as a well-managed STR.

But how much do you need to invest in real estate and generate steady passive income?

You can also write it off as a business expense and there could be additional tax benefits for energy efficient home improvements.  

Attend local REI (Real Estate Investor) meetups and consider joining online communities like Bigger Pockets for continuous learning.Step 2: Be Strategic About WholesalingWholesaling can be a great way to generate capital, but it’s essential to fully understand the legal and logistical intricacies.

Unfortunately most have made lifestyle changes relying on checks that will never be cashed but can't fault the inexperienced investors with the amount of materials online, social media etc. where coaches, mentors and gurus share the ease in which they generated massive wealth in these neighborhoods.

My main plan to use real estate for is to eventually generate passive income.