Or if you just don’t want a job ever you’ll need to find seller financed properties and use your $50,000 as reserves or for light rehabs until you can roll them into DSCR loans eventually and get some cash back out through refinancing them to do the next deal because eventually the $50,000 is going to not be enough.

@Kay Nemen - get comfortable with the idea that rents must increase and must outpace inflation or your returns will eventually degrade to the point where you are loosing money.

I was looking to BRRRR properties, eventually financing them into my LLC.

Pricing is still relatively low for a beach market, and I have several clients who have decided to buy now and rent out their properties with the aim of eventually occupying them when they retire. 

She was 10% of my doors and 90% of my headaches :)  But she paid each month eventually. 

Interest rates are just one factor in the equation.You can offset high (er) interest rates by buying lower priced properties or fixers, or putting down more cash, or having a desperate seller do partial financing or buy down the rates...So if rates stay above 5% for the next 5 years I think 2 things happen: 1) More experienced/less timid investors have a huge advantage for a while, 2) eventually when everyone realizes this is the 'new normal' then things just go back to normal with slightly higher rates.But what do I know?

As a result, I intend to begin wholesaling to generate funds that will eventually allow me to pursue long-term buy-and-hold investments.I look forward to networking with all of you and am excited about the opportunities for growth and learning that lie ahead.

It sounds like you’re working long hours already and eventually you’ll burn out or reach a point where you don’t want to continue that hard path and you’ll probably want to work less hours which is why a lot of us get into real estate in the first place, to take back our time.

A good lender or loan officer will see your specific financial profile, tell you what is and isnt possible, and ultimately should give you suggestions on what to aim for and focus on so that you can get what you need to eventually be ready to purchase. 

I responded to a job ad from them and was interviewed by someone from that company regarding a position that would be involved with property damage claims.I'm looking to get more knowledge and experience with properties so that I can eventually use that to manage a property that my girlfriend and I will be involved with.Thanks for your time.Jason