I can wait 5-10 years to create generational wealth.

Remember, if you find some generational opportunity, and it makes sense, you can refi and take the cash back out.

To me that would be simpler and also eliminate any additional expense to generate and record any additional documents. 

Focus on energy-efficient improvements, modern amenities, or cosmetic upgrades that appeal to San Antonio's rental demographic.Community EngagementAre you currently investing in residential multifamily properties in San Antonio, or are you considering making your first purchase?

My goal is to build a real estate portfolio that can generate either passive or active income well into my retirement (58 years old now).

Take a look at the instructions for completing form 590, this will give you more insight.California wants to make sure you pay taxes on income generated in CA.

. $415K less rehab costs at $200K (20K/unit) = NET $215KYou would pay a % of the future value in this example, you certainly (and neither would he) wouldn't pay $1,392,857 for an asset generating $75K per annum, understanding that the value therein would be offered at a 3.2 CAP.

Wenatchee is located in central Washington on the Columbia River and has been known as Washington State's energy hub.

Continue to leverage and build your generational, wealth-building portfolio!

It is truly the best way to build generational wealth.