RE is about one thing, the price. 

When a tenant leaves the cost to prep and re-rent the unit are substantial along with the lost rental income during that process. 7.

I’m also in the process of reaching out to people in my city/neighborhood who are experienced REIs, RE agents, and GCs to get their insight and pick their brains, start to conceptualize potential partners, etc.

RE ends up being more about parking money sometimes than growing money exponentially.

I'm looking at the asset and RE as a store of wealth (as part of my overall investment portfolio) to pass onto my kids.

If you are interested in learning more about this strategy, check out my forum post here :)https://www.biggerpockets.com/forums/922/topics/1175338-maxi...I wish you the best in your RE Adventure!

If it's a unit that you knew you would have to drop $10k or more into when the time came, you may want to ask your realtor (just assuming you have one) to do a re-negotation on price in light of this new info. 

@James KieferThere are many REI opportunities in different markets - markets in the Midwest and Southeast of the country are great - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

As you begin your RE journey might I suggest using this website as an easy go-to.

I clarified and re-clarified what I wanted.