I dream of having all our management units on the same street!

I am not trying to squash your dreams my friend.

Our long-term goal is to build our dream-home in 5 years and live comfortably with a single active income and small portfolio of passive income.

Still cannot get Sydney Harbor and Great Ocean Road (around Melbourne), off my mind.We dream of owning property overlooking Great Ocean Road and the ocean.

I can only imagine investors with 10+ properties are closing in on a 7 figure liability - Is the rental income enough to justify that magnitude of debtOn top of that, I will want to get a personal home soon as well (currently house hacking a duplex), I wouldn't want real estate investment debt to be a burden on me missing out on a dream homeThen of course I'm cash stricken after putting down the 20%, so it will take some time before my current property generates enough to where I'm ready to afford another down payment (also it should be noted I'm not thrilled about the idea of raising capital through others)How do you manage your debt as you scale your portfolio?  

Is it a pipe dream to be able to find a rental where I am still cash flowing $100/ unit and ~10% CoC with commercial loan interest rates at 7-10%?

Exit strategy is to hold for 2-3 years, take advantage of the appreciation, then sell to move up to client's dream-home for retirement.

But, if you two are willing to sacrifice having your "dream home" until after you acquire some rentals...you could really project yourself ahead! 

@Brian Burke  Brian is right up the road from you in Santa Rosa.. you may want to chat with him off line.Wish you the best. n And if you do nothing not the end of the world you own in one of the strongest markets in the world your debt to equity is outstanding etc etc  you are were many dream to be.. and BP is if nothing full of real estate dreamers who are starting their journey and want to end up where your at. 

I was hoping to purchase the deed, do the ejectment and quiet title under the proper timelines, and hopefully, one day, build my family's dream home on this property lol.