@Brian Burke Your more of an honest man, than a salesman.It’s great that (IMO) the most trusted Syndicator/Operator on here is saying to diversify across other assets.Brian you are in it for the long game and that is why people trust you.

.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.  

However, vacancy means covering 100% of the expenses.Multifamily properties almost always generate higher cash flow due to multiple income streams, which also reduces the risk of vacancies.

Hey Matt,With $50K in a self-directed IRA, there are several strategies you could explore to generate both short- and long-term returns, depending on your risk tolerance and investment goals.

Unfortunately I was not able to put much away for retirement most of my life so I was thinking about attempting to buy 4 rental units over the next 4 years with the hopes of building up something that could generate income in 5 to 7 years to supplement my retirement at 68.

I’ve talked to a number of investors and they can’t get 10% down on owner finance transactions were the deed transfers at closing.I operate in 4 or 5 markets.

Or become an operator like ODC and make money raising capital for your deals ..

If so, you'll need to figure out why you're not making money - is it other operating inefficiencies or your debt terms?

While I have managers handling the daily operations, I still oversee everything remotely.

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.