Your plumber should have the answers.

They had about 90k into the property.

In the next 5 years, we have 2 twin span international bridge projects, a new hospital, and the expansions of the university and college.

I'll err on the side of caution here.

One is a condo conversion, 1.45mm project and the other is a townhouse around 470k.

@Brittany Myrick Welcome to the New England area!

Thanks for the feedbacks.

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).  

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

At some point in the future, the economy will have another crisis.