Not sure if this is an investment question or a personal lifestyle question.

Glad to hear those numbers as I'm definitely not moving for the lifestyle haha!

The amount of property one would need to own to replace all of their income & live a comfortable lifestyle is immense.

He has three adult children and a successful business, million dollar house, and plenty of "lifestyle" I get the impression he's living beyond or at the edge of his means, but that's beside the point.

You work hard, live a conservative life style, save every penny and the money will come in time.IN your case give yourself a couple of years of employment after graduating and see where you stand.

Work hard, take on additional work, live a conservative life style, change your habits and circle of friends, save money and concentrate on getting your credit up into the high 700s.To be successful you need to modify your life style.

Advice: Treat it like a business as much as you can, even though house-hacking can feel like a hobby, stay organized, and take care of your property and your tenants (pride of ownership, people notice this), for all properties but especially for househacks.I definitely think the pros outweigh the cons, especially folks with flexibility of time and lifestyle.

@Wendy BlackIf you're looking to amp up your lifestyle and move to SoCal, you're going to need a lot more cash flow than a few hundred a month.

In terms of goals, he wants passive income to support his lifestyle so he can ultimately quit his day job.

Goals, current income, your market, what kind of current or future lifestyle you want to live, your debt and monthly expenses etc etc etc.