If you need to more than amount per month, you will need to buy more units or buy more than one each year.

Gelbart: We are focusing on a very specific area to buy and hold multi-family rental properties.

You may have to wait until the first 4-5 generate enough cash flow to buy the next one. 

A demographic shift with more wealthy people buying there? 

My initial thought is that you are buying a business.

Hello everyone,I am looking to buy a small multi (probably duplex or triplex) in Chicago that I will eventually owner occupy.

#1...don't buy a townhome or condo for an investment property. 

Depending on your long term goals I wholesale and use the assignments fees to buy free and clear properties and I use creative marketing to buy and keep in my portfolio. 

If so, use your VA loan to buy a house hack there in Cheyenne.

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.