Essentially meaning that any time of work you put in, be it in lead generation, submitting offers, etc, you won't see the fruits of those labors until about 90 days out.

Also, I want to build generational wealth and create opportunities for the disadvantaged in our community. 

I have no idea most of the time what I am doing as a mom, and I am not always the best sister and daughter - but what I do know is that I will be the first of all of my siblings to generate passive income, and create generational wealth for my beautiful girls. 

A breakeven deal in an appreciating market can be a great wealth generator will market rents make it cashflow when you sign a new lease?

I'm not looking for luxury and opulence (though of course, that would be nice), but 1) to be able to travel (better once we establish a new normal with covid), 2) quit my 9-5 job to be able to work on passion projects/non-profit work 3) feel comfortable having children in the future and not worrying about that financial burden and 4) establishing generational wealth.I live in Denver, which feels like a HCoL ara, especially compared to my hometown in Georgia.

My name is Marlene Newell, a third generation realtor located in California.

Assuming you're in a situation to do so, you could side hustle or continue saving a bit more where your $5k nest egg could grow a bit more and you could get a very low down payment FHA loan for your first home where you could house hack and generate cash flow while living for free. 

If you leave your property in an LLC the bank will base the value of it based on the income it generates and not the value of the real estate itself.

If you think that the area will bring in people upgrading the buildings and improving the area a lower cashflow deal can be worth it the paydown on the property and appreciation are your true wealth generators!

If you have solid strategies for generating your own leads and can weather the ramp up time it opens up more windows of opportunity.