Really expedites the time it takes to reach FI when you can completely eliminate your housing payment and get into multis for such little down and start building equity/cash flow with each one.

@Juan Perez Turning your primary residence into a rental is a great way to build your investment portfolio.

It's called building bench strength. 

The value generator in commercial is the lease or use of the building.  

Remodel#rd Bedroom conversion by building a closet (the window and door were already there).

My goals are to start building an investment portfolio of professionally managed (I could tell you all the reasons I will not do it myself) multi-family properties and, in time, develop a property in the Northwoods (Wisconsin/UP).

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Start small with strategies like house hacking, leveraging your hands-on skills for value-add properties, and building a strong team or network to reduce risks.

I work with many out-of-state investors to help them build and diversify their portfolios.