The $50k cash flow by itself does not provide the full picture.If you are making $50k cash flow on a highly leveraged property, you should definitely repeat the process and hope to achieve similar results.  

., via syndication) could achieve significant losses in the year of acquisition. 

But definitely need that first hand experience of being a landlord, helping fix things or just being familiar with how it goes!

The goals are the numbers with $$$ in front that allows you to achieve that independence. 

It still took about 4 months to achieve 100% occupancy due to the leasing period beginning in December, a seasonally slow period.

• 4 apartments renovated just 8 weeks post-closing after buying out existing leases• $33K per unit renovation, achieving 27% ROI• Legacy tenant rents increased 10-20%• $148K capital investment generated 50-60% rental increases• Professionalized property management added What was the outcome?

My overall goal is to become a multibillionaire, with a B, through REI, achieve financial freedom and create generational wealth for my future family.

Hey I do a lot of creative finance the acquisition and disposition all around Cincinnati OhioWhat are you hoping to achieve here?

To learn how to position the property in a marketplace - and understand the STR marketplace in order to achieve that. 

First, every new flipper makes a lot of mistakes in their first handful of deals.