Income properties are quite out of my price range here in the Los Angeles area. Therefore, rather than buying a rental property to increase my cash flow, I'm planning to rent out my 5 bedroom 3 bath SFR.   My question...

Maybe there is a creative way for you to come up with the money that doesn't drain your nest egg.

Feather the nest but, don't make it to soft for renters. 

The goal is to earn 8+% on my nest egg year over year.

Me and my wife plan on using a VA loan to buy a multifamily to live in virtually free, and use this nest egg to purchase another multi or single family.

Looking to build a nice nest egg then might be buying multi-family complex one day.

Its not like a retirement nest egg where people end up spending a portion of it every year and having to wonder if they're going to out-live it.As an investor with 30+ homes, my rental income will eventually reach the point, once the homes are all paid off, that I'll be making more money off the rentals than I'll need.So, while the big picture in using sfh's to get you to that lofty income goal (and 400k is pretty lofty) may seem a bit daunting, the fact is that sfh's are probably one of the few investment vehicles on the planet that us regular people can get into at a relatively low cost of entry (I'm picking up 140k houses for a total of 5 to 6k out of my pocket) that can truly generate the kind of life changing wealth most of us aspire to have.The key is picking a pace you can handle and working the deals.

This allowed them to continue saving and funding future investments while building their own nest egg.There is lots of way to getting started.

Do you want a big nest egg?

I have no capital I'm willing to risk as this is my familys nest egg for when i get out so right now I'm leaning towards getting my RE lisence to learn the ins and out of the closing process, and building a buyers list.