Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.

The PM vets I know will all confirm that you lose much less by lowering your rate of (monthly) rent than by missing an entire month of income! 

For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?

Even with incoming water at 3 gallons per minute you will never run out.10. 

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.

Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

Did you achieve your income goal?

For active investments I advocate considering how you can diversify WITHOUT ceding your competitive advantage nor the superior profitability of the niche your in.As an example my business is running an investment fund and syndication high interest commercial mortgage loans secured by income producing real estate. 

You know, it only takes a phone call to reserve a large meeting room, holds about 250, if you clean up after yourself, it's totally free in a new facility, it called the Library.So long as there are no sales, no charges, not some income producing ploy at your meeting, you can use it. 

The appeal of having a second source of income is very appealing and I would like to be able to build wealth outside of my W2 job.