I have no investing experience but from an article I read here and from recently reading Rich Dad Poor Dad i have concluded that real estate and stocks is the way to go to acquire money producing assets.

The fact is you can't stay healthy without a doctor unless you know as much as a doctor knows...and it costs a lot of money to know as much as a doctor knows.

A system is a way of doing things to produce results that you can reproduce again and again.

You would still get to charge a management fee, perhaps.Investing in income producing properties requires cash.

Speaking as someone who does industrial electrical systems engineering that provides documents exactly as you have described, this would be a large amount of work.The one line diagram, panel schedule, grounding, lighting and outlet plan, fixture schedule, and panel locations would all be separate drawings taking anywhere from 20-40 hours of work a piece depending on how readily available the needed information is.We have whole teams of people who work to produce drawings like these and we charge clients $60-100/hr for just the design and engineering consulting (drawing creation).

The loan will produce roughly $61,738 in interest based on that rate.

Ultimately I'd like to end up with a healthy set of rentals 25-30 years from now such that I've got very healthy cash flow to retire on.

, but with the majority of them being REO's I'm unable to produce the POF that the bank is looking for.

10 - Good - Loans on income producing investments Why do I see car loans as somewhere in the middle?

My "business" is the accumulation of income producing assets which will help my family achieve financial security and leave a legacy for my family and for the causes we believe in.