Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

In your case, it sounds like a similar story.. you identified a property with potential, tackled the structural work, and brought it back to life in a way that justifies a higher price.

Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.

My personal example is a one bedroom condo I’ve held my entire adult life - and this is in a top tier market - Dupont Circle neighborhood in Washington DC.

If I have to use every dollar I have access to and drain my life savings dry, so be it.

This requires an income that allows you to maintain your standard of living throughout your life.

Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.

There are always "hiccups" in life and in real estate investing.

. - Compared to what I went through before, it's working out extremely well because I finally got to fund my investment and move on with my life! 

If you are new, it will take you a year to recover from a 1-star review.I have been staying in timeshares and short-term rentals my whole life.