I don't know what your lifestyle is like, but if you're able to save $200K-$300K or so per year, this is extremely achievable. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

It would take several years to achieve that rate and you would have lost a ton of cashflow waiting for it to arrive.

Very inspiring to see someone with such poor social skills achieve their goals so quickly! 

Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.

@Chad VerdeInvestment strategies can be employed to achieve financial goals, such as house hacking, BRRRR, short-term rentals, real estate syndications, property development, long-term wealth-building, flipping, and debt paydown.

This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

FULL STOP  Your ability to make such a profit will depend on your ability to manage the asset better than the prior owner.As a seller, the broker should be helping you determine the price point, at that time, that attracts enough buyers to achieve an optimal sales price.

They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

Quote from @Susan McBride: What are you trying to achieve?