Great to supplement it with REI.

They also will not allow the tenant to supplement the rent out of their own pocket.

Supplementing a tenants rent will help to keep them longer.

Think layers that you add as you grow - each supplement the other and cover you better, but you still need them all.Only you can determine what is your risk threshold.

I have a good idea of how I want to get there, I’m just curious of other people’s paths to get there.My original goal with real estate was to provide additional income for retirement; have a couple paid off houses and help supplement retirement income from my 401k, social security (if it still exists), etc.

You might find that kind of service with a bigger firm for which you'll pay accordingly ($$$$+ annually).You need to learn yourself or pony up the money - here are some books to get you started on this:for accounting and taxes - Every Landlord's Tax Deduction Guide 15th Edition (and you can supplement that with Deduct It!

I have good capital and a supplemental income from a property I inherited in Virginia.

I work full time and like many of us here, I am looking to supplement my income and eventually not be 100% reliant on the 9-5.

You could prolong your financial suffering and continue to supplement his rent but your best option would be to go directly to $1550 and stop losing money.

Our long term goal is to build our portfolio and gain passive income to supplement our full time jobs.