Quote from @Nikki Samoson: Quote from @Sonya Brown: Yes I heard it was dismissed and will let Charlie do his job or wait ti hear from him  hey thanks @Sonya Brown where did you happen to hear it? 

Tenant also does a good job keeping the place inside clean.3.

Start SavingOnce you land a job, build up your savings for your first deal.

But that would be the dream haha.

I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.

But on a large job where you;re just getting a remodel permit anyway, it's a no-brainer.

I have a full time W2 job that takes up much of my time, so I'm leaning toward Turnkey until I gain some experience.

Big Thanks to the BP community for helping many others I’ve heard on the podcasts achieving their real estate goals and dreams.

.- We have busy but well paying jobs and don't like to spend time in building sweat equity (BRRR, flip), so will take a slightly low maintenance approach and buy relatively newer properties in B class neighborhoods and use property management for day-to-day operations.Goal:- To get to $10K/month net profits with real-estate (today's currency) in 15 years when we plan to retire.