For example, if tax minimization is a priority and you're already maxing out your employer sponsored 401(k)s, you can look at deferring self-employment income through SEP IRAs and an individual Defined Benefit Plan. 

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.

Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.

Get a roll away dumpster too- the amount of packaging waste the setup generates is staggering!

: Hey @Michael AlmandI am analyzing a tool called 'Rehab Estimator' that helps you estimate rehab costs in your area and generate the statement of work (SOW) based on your selections.

You also can sell individual lots instead of all together. 

This way, you build income-generating assets first while keeping future options open.

It doesn't book as frequently as the smaller house, but generates more income.

As you develop the park I would strongly recommend your homes be individually metered for water, sewer expense prorated and garbage paid by tenants via individual can service. 

The business itself is generating 20-40k per month.