My wife and I combined generate low 6 figure income from our jobs, we have no car payments, and the mortgage on our house in quite modest.

You want to make sure that however you do your deal you have a good enough DCR (debt coverage ratio) to cover all the notes on the property even when times are tough.You could also look at finding a lender who will let your combine all 10 properties under one loan (blanket) and go to say 80% LTV taking the rest of the cash out for your DP.Hope that helps.JW

Real estate and real estate investing will be my career because they combine some of my interests: focused hard work, monetary compensation related to my efforts, continuous learning, adaptation, and social interactions.

Hey All,Desk jockey by day and a combination fix and flip/ buy and hold investor by night; however, my goal is to become a full time investor.

It is also possible to start off with a regular Forward 1031 Exchange (sell SFRs first, buy multi-family later) and combine or end with a Reverse 1031 Exchange if not all of your SFRs have sold by the time you must acquire your replacement property. 

We are going back to an unbundled business model in every sector and I think we are all much happier with services that already function this way. 

How much cash flow you get is more a function of your financing. 

The chiminey itself still functions great from the aspect of building a fire and getting smoke out.

Combined with my own retirement funds in 401ks and IRAs, I should be in good shape. 

The combination of the forums and the podcasts have taken me from completely terrified to confident that I can be successful in REI.