While I've been able to get out of my W2 after acquiring 30 properties, I've learned that you still need to generate some sort of active income unless most of your doors are completely debt free.

My wife of 20 yrs is currently pregnant with our first child and I want to get us out of debt and build our savings.

Your lead-up to closing just has a few less hoops.

@Tim Charles You can pay that debt off ahead of time if you want.

If you decide to self manage and want help with other functions we can totally help out.We also buy and sell real estate (candor realty), have a repair and maintenance company (CMR Construction) (includes snow plowing, lead abatement and full fledged rehabs) If you need any of those support services please let us know.

The syndicator is based in Scottsdale and the lead partner is an attorney.

This is definitely not the cheapest way to get leads, but it is effective. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Debt service on this is $2308/mo which seems really high.

If you buy the right property in Mexico, you can get a higher return by paying cash than if you buy a property with a mortgage in the US, especially right now and you don't have any debt.