And take the roof off and build up.

Hi, I am less than 10 years away from my retirement and I would like to build up my passive income to real estate to ensure that I have a steady stream of income after retirement.

ThanksFor most LPs that invest in multifamily syndicates there are passive losses that build-up (e.g. depreciation, etc.) though out the lifecycle of the syndicate investment.

I personally started investing there in 2019 with a budget not too far off from yours, and I've been able to build up a portfolio of 12 doors since then, which now kicks off over $16,500 in gross monthly rents.Detroit has a lot going for it—affordable price points, strong rental demand, and good opportunities for cash flow, especially with single-family homes and duplexes in certain areas.

However, The seller has a high equity build up into the property of about 300k.

If not, first look at why you're not hitting the numbers.For me it's not just the extra cleaning, it's the overall build-up of the wear-and-tear....

My main concern would be the occurrence of an emergency before I had time to build up a sufficient reserve fund.

The trust one can build up over the years on platforms like BP, Youtube and others is insane.

That said, I'm looking to BRRRR this upcoming year, but that's only because the first 3 properties allowed us to build up enough capital for this strategy to make sense. 

Using equity can really build up some wealth.i would get with @Andrew Steffens if you are looking in Tampa.