My goals aren't fully defined yet (working on that soon) but in the short term I hope to bring in enough passive income in the next 3-4 years that we can supplement my wife's salary giving her more freedom and flexibility as we look to start a family. 

Also....if you already own a property literally within 100 miles of where you are trying to get the FHA loan then the FHA will not let you get that loan.Other then that it is VERY similar to the VA Loan.If you're getting orders to another base....I would simply wait until you get there and (as long as it's 100 miles away from where your VA loan is) then use the FHA loan to buy a small multifamily.Live there for a year in the FHA property.....THEN refi out of your FIRST VA loan........turn it into a conventional loan.......and then Get a VA Loan at the new duty station that you got the FHA loan at.....then when you get orders somewhere else....REPEAT.I know of people that did this VERY succesfully when I was in the Navy and when they did their 20 years they ended up with 2 properties at each duty station every 3 or 4 years for a total of 20 plus duplexes that supplemented their military pension and literally were able to retire at 39 and 40 years old respectively.  

I love my work however I need to supplement my income with a more lucrative retirement plan so I am not a slave to the profession unable to step away. 

I’m almost at 600 and aiming to get over 640 at least!

And the type of ROI you aim for should be based on strategy.

My name is Nelson Diaz and I am interested in buying some rentals to supplement my retirement income.

Also, I have been indoctrinated by BP to aim for "making your money going into the deal" so this being my first one am trying to cover all the bases.But I think really it's because of what the seller originally paid.

My aim is for the other 3 tenants to being paying most of the mortgage down, I do not expect to cash flow, but I’ll hopefully be living close to rent free.

Hi BP Community,This is a hypothetical and something I'd like to consider before investing in a property. I have a question regarding how to implement extra monthly charges for the use of a parking spot/garage, or sto...

Right now I'm in school to become a elementary teacher and would like to find ways to help supplement my income.