Your cost of living sucks in NYC so that hurts as well.You say you want financial freedom, but what you really want is time freedom and the only way to get time freedom is through earning money to give you that.

Memphis has a diversified economy supported by major sectors such as logistics, transportation, healthcare, and education.

I am currently a healthcare provider and hoping to use RE and other investments to create more passive income and perhaps retire early to spend more time with family and travel.

I can tell you that these girls represent the average healthcare "professional". 

How cool is it that we have the freedom to have our own opinions -- each based on our own experiences and/or education -- and that we can express those opinions in a public forum!  

In small college town with high rental demandAsk price 745kGross rent: 9750/mth 177k/yr     (differed maint properties with potential 200/mth per unit increase once renovated) estimated reno (190k across portfolio)NOI: 91,475/yr   (12.6 CAP)    (includes tax, ins, listed maint for past yr)     After reno NOI 127,475/yr   (14.6 CAP) Deal info:    - Owner finance 745k 20yr at 6% 20k down minus deposits (~13k)Cashflow  = 2100mth     (self-managed) (self maint similar to the previous owner)By this alone, 2100 cash flow added per month, it will put me at my financial freedom number of monthly cashflow is equal or greater than my families spending amount.

How many of these deals do you need to execute to achieve your Financial freedom to replace your job?  

I have worked in long-term care for over 20 years now as an Administrator , and now I am running a healthcare consulting business on the side. 

Hello @Jesse Rathe,So we are on the same page, I will assume that your goal is financial freedom.Financial freedom is more than just replacing your current income.

I would think that would turn off a lot of applicants, peopel want their own place to have some freedom.