@Christopher MorrisYou hit the nail on the head.The “retire on real estate cash flow” gurus sell the dream of quick retirement from cash flow.Buy two houses a year that each cash flow $1000 a month and retire in 5 years, they preach.Or invest passively in real estate syndications and financial freedom will soon be yours, they promise.What they don’t tell you is:In order to owner enough real estate to generate say $10,000 a month income let’s say, you need at least $2M of capital invested in YES cash flowing real estate.Let’s say one could buy rental real estate that provides a 6% annual cash on cash return.

Nailed it, the great moderation was extremely poor Keynesian economic policy.

It’s all about those margins, so once you get that walk-through done, focus on nailing down your numbers for rehab.

I am definitely juggling a lot, laying the foundation to eventual financial freedom is fighting tooth and nail for every inch.

@Ashish Acharya: You hit the nail on its head !!

Is in there, but a great thing you can do now is get your "core 4" figured out - agent/lender/manager/contractor - obviously you can adjust this and do one of the pieces yourself (self-manage for example) or don't need a contractor if you do only turnkey etc but getting this nailed down early is key

@James Wise Nailed it.

., and I still love Cook County because I have a solid team and underwrite deals properly.I think @Paul De Luca nailed it on the head, though - it seems like you are quite risk-adverse, so maybe given your risk tolerance, it's not the best idea, but if it were me, I would not think twice about it, and find a rock start property manager who knows exactly how to vet tenants.

Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!

The polished hyper responsive ai empowered texting, emailing, no waiting ones, or yours?????