I will retire and will get a % in retirement income- my base plans center on this concept...I know I will need to earn at least an equivalent income to maintain my lifestyle so my current pay minus the retirement pay becomes the target 'free and clear' number I am targeting to earn from rentals.2years: purchase rentals such as to meet the requirements above in the Everett area so that I can do it locally and learn the ins/outs of property management...5years: develop (aggressively) rentals in Tucson Arizona to an arbitrary level of 10K/month (this would be in addition to my living income from retirement checks and Everett rentals.7years: (side goal- personal dreams and all...) finance a golf tour across the country10years: Certified/Sophisticated investor status and begin investment journey in other asset classes (if not there already...)These are just loose concepts in my mind, with the exception of course that when I finally do 'retire' from the Navy, I really do have a goal of having replaced my current levels of income so that I don't have to work for others unless it is something that I really want to do.I see my primary focus as being in the buy/hold/rent arena, but I am not discounting other methods including wholesale and fix/flip projects for capital injections periodically.Finally, I see a lot of value in the Rich Dad encouragement for folks to get into business.

I don't typically finance multi-family projects but you have a lender that will allow you to inject no cash to the project?

It makes more government borrowing very painful - I doubt we will hear about another massive stimulus injection, and the Federal Deficit is actually shrinking in 2022, compared to 2021 (after adjusting for COVID relief craziness). 

And no, the capital inject by one member does not have to determine the ownership, management or control, it does default to the contribution if it is otherwise not stated.

I'm in the process of closing this deal.Cap rate6.47%CoC return6.59%rent/price ratio1.00%house price$109,950.00cash injection$21,990.00closing cost$3,000.00rent$1,095.00

You don’t see value in injecting money into a system that’s producing 15% returns?

I'm not far away.The next two sentences are the most important thing I'm trying to convey: The one thing I know about business is that injecting emotion into decision making clouds your judgement.

I would venture to guess however there is no way to get positive cash flow which leaves you injecting cash till the value reaches a level that you feel is right to sell.

After setting the stage and injecting your real knowledge of conventional RE transactions, not some wild idea thing, you can spring your proposal.

The solution coming out of the GFC in 2009 (massive debt injections), won't work now.. that's exhausted - and the bond markets are telling us this.Here is a link to a recent great podcast by the brilliant Dr.