Real estate will be just a supplement to my 401k retirement so I’m good with only 10 that cash flow 10-12k/month.

My end game was to get 10 SFRs that cash flow 10-12k/month to help supplement my 401k retirement.

They'd have to get a supplemental to make up for the low LTV.

My take on this is that it results in the people renting dumpsters supplementing the trash service fees for everyone. 

I estimate I would need about 20-40k out of the equity to supplement the cash I have on hand and pursue the type deal I'm looking for.I'm conflicted with all the information out there. 

We would like to get to a point by the time I retire from the Navy to have my income supplemented by passive income from our properties.

@Jay Yoo what you are trying to do is to make up for your own investment mistake by making a supplemental mistake of going FSBO to make sure you break even.

I know there is always the option of finding my first deal out of the city (in-state/not in LA or out of state), however, would like it to be local (might even be a live in situation with tenants for a year while I plan for my second door).My broad goals (being a newb, I’m sure the finer details will come with time):Long-term (next 5-10 years): “Retire” from my low $100Ks career with a diversified portfolio compromised of real estate (primary) and investments through 401K + supplemental Roth IRA (secondary).

I currently work in the film/tv industry but really like the idea of supplemental and passive income through real estate.

Are you looking for long-term generational wealth or just some side cash to supplement your current salary?