You want to generate currently spendable income.4.

Minnesota does not have state income taxes for LLCs, but federal income taxes still apply. but we don't plan to generate revenue, or any revenue we generate would be thrown back into the LLC in the form of an emergency/maintenance fund, or towards another downpayment. 

Plus, syndicating often no longer makes me competitive because of all the fixed expenses (like creating the PPM, the LLC, and generating tax docs).So, for those small deals, I’ve simply had people (2-4 people) lend directly to my LLC, backed by the deal in chunks of ~$50K.

An incredible addition to our portfolio that will help us generate wealth for years to come.

If you don't mind debt at this point you could move further into NNN ownership which gives you plenty of opportunity to be involved without being on call 24/7.I'm thinking though that you might be a better candidate to use the Delaware Statutory Trust to keep your toes in the water but also have more leisure time while still generating income.DSTs work well with 1031 because you must vet them like a piece of real estate not a stock. 

Got an outlier SFH or MF that doesnt generate the cashflow you want?  

We are trying to motivate our Generation Z children learn real estate investing earlier than we did, and help them buy their first home / investment property.

Property prices are very high in this region, and it seems unlikely that rental properties will generate positive cash flow due to the high cost of homes and current high interest rates.

Next, you might consider purchasing rental properties such as apartments or townhouses to generate a steady cash flow.

I am 24 years old and currently in the beginning stages of my real estate journey.My goal in life is to be financially free using real-estate to create generational wealth so that my family will always have everything they need.For the last four years, I have been watching BiggerPockets podcast on YouTube and doing my own research on real estate.