Have a baby, and gallop into the sunset (while still making calls to PM's)INTEREST:I first got interested in Real Estate Investing because of the potential financial freedom it can provide to me and my family.Hi Christian, if you're looking to net cash flow $2500+ from 3-5 single family houses, that's going to be very very hard to find especially when interest rates right now are 7%+ for an investment property - unfortunately, it will be very hard to find that in any market today. 

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

How did you find this deal and how did you negotiate it?

How did you find this deal and how did you negotiate it?

What exactly are you trying to find out? 

Try to find out what the seller's pain point is.

I've come across some interesting niche strategies like buying small plots of land and slowly building, investing with a team/syndicatikn (if you find a good one), or even funding smaller infrastructure projects for commercial properties (e.g., electrical, plumbing, etc.). 

I'm with @Huong Luu but would add join a local REIA and find some PMLs they are always hanging out at meetings.

It seems like the entire investing community is looking for the same which makes it very hard to find good deals (especially after COVID).

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?