We're hoping to supplement at least one of our incomes using cash flow from rental properties and run the home inspection business ourselves.

@Tom Hertel It very much depends on your goals.Are you building long term wealth as a substitute or supplemental retirement fund?

I'm hoping to shortly move over to a position where I play a bad actor and attack organizations entire networks.My goal with real estate is to supplement or replace my income.

Our goal is to have enough rental properties to supplement both of our incomes combined.

Hey all, recently got my RE license in FL, and have always wanted to own a few rentals to supplement my retirement income.

I took a job as an instructor to supplement my income on my time off, and they pay me as a private contractor, i.e. 1099.

Hello my name is Matthew. i found BiggerPockets years ago and have been interested in real estate since i was in high school. i made excuses and let life get in the way for many years.....bad decision seeing i wasted all that time. fast forward to now i am married and have an almost 2 year old son ( wow he grew up so fast). right now i have a decent job with a very caring company but it just isnt enough. though i can save some i wont be able to provide the life for my family i feel that i should. i have been rebuilding my credit for the past 18 months. now is the time for change, yesterday was the time for change I WILL GO DOWN THE PATH TO A BETTER FUTURE. i have listened to almost all the biggerpockets podcasts, read/listened to many books, i am a delivery driver on nantucket island so i listen to audiobooks and podcasts all day while working. i have been started looking for deals but still having a little difficulty analyzing deals. currently i live on cape cod Massachusetts and commute to nantucket everyday. i use the hour long ferry ride each way to search for deals. i have alway been interested in owning enough multi-family homes and apartments to supplement my income. i am currently away from home and my family 14 hours a day, sleep 6 to 7 hours which leaves me spread pretty thin. i am grateful for such a wonderful community that is biggerpockets for coming together and sharing, teaching, helping and building one another. now that i have kind of ramble on i will get back to the point. i am interested in the BRRR strategy particularly with multifamilies 3 units and up. i would also love to learn how to analyze deals better so i can either wholesale them to or partner with other investors. i am not opposed to investing out of state but dont have a team formed yet either in or out of state. i have been all over the country and live in oregon, arizona, north carolina, maine, new hampshire, maine, alaska, and now massachusetts it is great to be here, i appreciate you all and cant wait to know you betterMatthew Hudson

I would save anywhere from 1 to 2% of purchase price for repairs or 1% and supplement systems with an AHS warranty.That ~330 isn't even including your PM fee.You're probably really looking at ~400 per month in cashflow.  

I will keep the existing property insurance in place a supplement it with a second policy. 

I plan to aquire rental properties to supplement my retirement.