These type situations can only be achieved through the use of private mortgage money.  

Going interest only will allow you to achieve a better debt service ratio too. 

You might not be able to beat that top earner if they have something you can’t achieve (ie lake front or better views), but knowing what amenities matter in your market is an essential step in determining what you need to provide. 

While I have little to no experience in real estate, I'm eager to learn and explore the strategies needed to achieve my goals in this field.

All that valuation is based on some basic MVP, yet VCs are okay with it since they only need one out of a hundred to achieve a 100x return to make it all worth it.

A Cash Value Life Insurance plan can be good for tax savings and protecting your loved ones, but I'm not sure it would help you achieve your real estate goals.

A 7 to 10 year goal allows you to learn, adapt, and grow your portfolio with confidence.In just a few years, you’ll be well on your way to achieving that financial freedom you’re dreaming about.

Achieving immediate positive cash flow indicates a successful execution, and the lesson learned about closely managing startup costs is vital for any investor.It’s also great to hear about professionals like Midge Maguire who have significantly contributed to your success.

Hey @James Crothers, welcome to the community and congrats on setting an ambitious yet achievable goal of owning 10 rental properties in 3 years!

Whether it’s networking, sharing experiences, or discussing strategies, I’m here to build meaningful relationships and help each other achieve our goals.If you have any advice, resources, or simply want to connect, please feel free to reach out.