If you are looking to net 120k per year and don't have 1 to 1.5 million lying around to invest in a diverse portfolio of secured, unsecured and mezzanine debt, the fastest way would be for you to be the syndicator or investment manager of a portfolio of note investments.

Hello David, In real estate I think the biggest thing is having a large and diverse network. 

1) Diverse employment (government, healthcare, pharmaceuticals, and many other industries)2) Steady population growth in both the city of Indianapolis/Indianapolis metro area.3) Landlord friendly laws (never tested this myself but I heard it to be true). 4) Decent cash flow and appreciation (a reasonable amount of inventory that cash flows and can reach the 1% rule)

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

Diverse industries (construction, forestry, education etc.)I believe even the room for high appreciation is uncertain, it's safe to invest for cash flow here (especially BRRRR).Would love to hear your opinions on investing in Prince George / Northern BC, or successful stories ;)I am planning for a trip to Prince George, calling for all real estate professionals in town, lets have a chat!

I personally have had properties in FL, NJ, NY, WI, NC, and TX and I would suggest not only having local properties in your area, but there is some diversity in safety in having properties spread out.

but i would want to know local cap rates, who employers are, is the town economy diverse etc. who would manage the property?

Yes Diverse Title

You might one day totally be surprised who you might need on your team.Your team is people you know with diverse skill sets who are willing to lend a hand now and again. 

I have invested in the stock for many years and I have shifted half of my portfolio to the rental property side, diversity.