I do feel if I hadn’t devoted a larger percentage to real estate these past two years I wouldn’t be about half way to attaining financial freedom.

Minimizing vacancy is key if you decide to go with lower price points; but cashflow is much more attainable in this market.

@Brandon Hunsaker Tonuse either of the loan options you are referencing in nearly all cases you would need ample equity in the property and need to take out a HE loan or line.

I may be on the cusp of my first deal and have a question about attaining the services of an Accountant.

You need to call a Columbus commercial realtor to see if one can attain that kind of steep cap rate.

@Jonathan HoytI only read up to injecting $220k capital a year for the 1st 5 years and attaining $120k cash flow.

So the price may drop but it will be a result of the RE not being able to generate the same revenue as was attainable as an STR.I suspect we will monitor the price of beach property and if a beach front property in Leucadia area drops in price enough we may purchase it. 

For real estate, my question is for all experienced folks there what will be your advice for me to follow so that I can attain some level of success in this business?  

@Tara Wright yeah, it appears the mortuary has ample parking along with the SFR I am looking at.

But what you want to do is deffinately attainable.