While Airdna estimated annual revenue at around $45K, I earned $90K last year.Follow these three steps to build a solid foundation before calculating your mortgage and expenses.

As with many others I'm sure, looking for guidance on affordable cities that still provide a solid return / cash flow.

I remain big on real estate because I love it and I'm taking a long view that our kids and theirs will benefit if we can lay a solid foundation.

I have much to learn, but I believe I have some solid foundations.

Log beds, solid wood pieces (antique or vintage), antique persian rugs, and decorative items/art that come from the local area.Obviously if you are renting a beach condo, this method doesn't work. 

Rich Dad, Poor Dad is a great mindset shift, and The Book on Rental Property Investing is a solid next step! 

It’s a solid way to leverage equity, but as with any financing, make sure the numbers work and you’re comfortable with the risk.

Definitely something to clarify upfront...If you’re replacing with another restaurant, it should be an easier transition since the setup is already in place.Your biggest risk is vacancy $450K/year is solid, but if you ever need a new tenant,  ensuring the lease rate is sustainable is key! 

If you're open to purchasing out of state and hiring a property manager, you can find solid single-family rentals in lower cost-of-living markets.

It sounds like you’ve got a solid plan and a great passion for real estate investing.