To attain a passive income of around $5,000 per month, one would need to possess a portfolio of at least 25-30 properties.

Nick, any tips for someone new at this, to attain a home that can make some money?

The most important thing is to enjoy the journey...what's the point of attaining wealth if you did not take pleasure from each experience!

Anyone who can answer, what are typical equity positions that HNW backers seek to attain in their large MF deals?  

I'm doing what I believe to be the first and more affordable net-zero renovation home in the area through my company Attainable Home, and all the numbers worked not only for that (energy efficiency measures + solar) but also as a pure rental/BRRRR/investment or however you'd like to slice it depending on investor-type goals.

Good luck to both of us, hopefully we each attain our goals of traveling sooner rather than later.

I just recently attained my first rental and have a bunch of projects.

We hope to purchase a few properties in the very near future and it looks more attainable thanks to the Bigger Pockets rental calculator.

@Spencer GrayCurrently Market Agnostic Looking for Multifamily/Mixed-use And have a growing interest in impact investment (affordable/attainable housing development)

Look up value add repairs to see what would be attainable while building ARV in a short timeline.