Due to the likelihood of needing to replace AC and/or furnaces in the next 5 years, there will probably be another year or two of near zero cash flow at some point.When I bought these houses, the neighborhoods had a lot of rental homes, but were still desirable affordable neighborhoods.

So the probability of someone replacing their W2 income is extremely low.  

Hi Nedim,It sounds like you have a clear vision of your goals, which is great!

@Mostafa Koperly sounds like a good plan for the building! 

It may not be the best coverage ( replacement vs actual cash value) but it is something.

We have a direct engagement with the manufacturer of Helix Mattresses and we have been using this as a perk to our clients who are either coming onboard with new properties or for clients in need of upgrade or replacement. 

Be flexible and respectful to both the residents and to the employee of the company actually paying the bill.I know this sounds incredibly basic and simple, and it is.

My kids would say that you sound like an angry elf.

The first person as a mentor/consultant sounds great, but I would make sure you know what you are doing before you take on a financial partner.

That's what I am doing...Sounds like I am on the right track!