I'm referring to visual boards, healthy life style, changing limited beliefs.

I would strongly consider the lifestyle you want from RE and not solely look at the returns when weighing your options.

My strategy is the long game and eventually when I am old enough I will begin taking distributions to fund lifestyle.  

I've pretty much analyzed almost every single property in my buying area within the last 9 months.Perhaps I could have found something sooner if I lowered my criteria, but decided it was important for me to find a place I'd be happy and excited with for my first one.My high-level goals are:- Replace standard living expenses with a property that covers them- Accumulate savings for down-payments on more rentals- Build up a portfolio that financially supports the lifestyle I'd like for retirement / financial freedom---Feel free to private message me on your website needs :) 

Hi @Nathan Hui -In my opinion, there's no right or wrong answer here ... it's all about your perspective and goals.If you've got a good paying job that affords you the lifestyle you want, cash flow doesn't need to be your focus. 

but cheers to living a "lifestyle of retirement" and not contstantly waiting for "next year" or "next paycheck" or retirement."

They both live in their own apartments in a Millenial ghetto in Brooklyn--chic is more than just an adjective to those living that lifestyle. 

@Kirk Frickey it all depends on your end result, what is the lifestyle that you want?

If your plan is to buy-and-hold for a rental income that supports your retirement lifestyle, then I suggest your primary qualification metric should be NOI = 125% x debt service. 

I sorta created a lifestyle relying on the funds from my rental.