If I'm able to fill that room, I'll be generating $1,800 a month in revenue each month with PITI being around $1,000 per month.There are two big hesitations I have.

My five-year goal is to generate enough income so that my wife can quit her job. 

I am thinking about starting with multifamily homes in the Lowell area, because the prices there are lower than they are closer to Boston, and then possibly investing closer to Boston once I have a few properties generating income.As I have said most of my research has consisted of videos and podcasts.

Now we're sitting at 6 properties total that generate a healthy monthly passive cash flow (mail box money as they say!). 

Read Rich dad poor dad back in 2010, want generational wealth, house hacked and saved more money.

Read Rich dad poor dad back in 2010, want generational wealth, house hacked and saved more money.

.- Most agents that elect lead generation are too busy after 6-7 months and ask to be taken off of it- Currently have 22 active listings, 14 pending listings, and have sold over 110 properties in the last 180 days (even with Covid-19)- New agents average their first close within 2-3 months (with a sales cycle of 30 days/transaction), cites because of training they receiveBrokerage B:- Principal; is a licensed real estate educator, only teaches education to own realtors at company.

Your flips are “generating” lots of potential liability including after they are sold.

First off, do everything in your power to raise your income as for now that will be the best wealth generator for you.

So you would want to call your E&O insurance providers, showingtime or showing service vendors, CRM vendors, training vendors, lead generation vendors, compliance officer,sign vendors, print vendors, etc.