I'm currently the founder and CEO of 1031 Prime, a tech enabled 1031 exchange service to help keep taxes at bay and support the defer, depreciate, and die model.My goals for the next 18 months are to continue to grow 1031 Prime by servicing my fellow real estate investors and buy a small MF property, Ideally 4-8 units. 

Quote from @Beck DeYoung: I’m struggling to wrap my head around the reality of negative cash flow.

I have had questions then and still continue to question more today.

Then I could start purchasing regular investment properties.Option B: Find an investment property first (higher interest rate) that pencils out while continuing to live in my condo, and then find another primary I could “trade-up” for with my condo, where I could eventually use it as LTROption C: Just focus on finding investment deals that pencil out at a higher interest rate with existing cash, and when I eventually move out of state, sell Condo.

If not, then unless this lot is .99 you are going to struggle to get it sold.

What I struggle with today is how to attack it.Option 1, which was my original plan, was to get control of a $1-2MM property using mostly borrowed and possibly silent investor funds.

Quote from @Chris Seveney: Just curiousAccording to Bob, this is a good time with the world situation and they continue to have plenty of them.

If you start self-managing in January and continue through the rest of the year, you should definitely be able to satisfy that requirement as long as you’re more involved than anyone else (including contractors and property managers).

This will help you continue to learn as well as open up the possibility of partnerships or deals coming your way.Best of luck.

It was a struggle that opened my eyes and allowed me to realize that I needed to do something to make sure my family, loved ones and I didn’t have to work so hard for nothing in the end.