Just looking for the right mix that will offset carrying costs and allow us to enjoy the property once in a while.

Enjoy the read.

I have enjoyed purchasing 2-3 bedroom townhomes in the Mesa AZ area.

But, since I will be living in the main unit, I’m going to be doing the majority of the rehab (it’s something I really enjoy and want to learn how to get proficient at).

but once harvested those are the returns they enjoy.. 

It is more of a lifestyle enjoyment model than a maximize cash flow model.

@Michael Baum I don't intend on doing anything illegal; I enjoy my freedom way too much.

I've been an agent here for 13 years and lived here my whole life and I always enjoy talking real estate and investing.

Keep in mind that with the same available capital, you may be able to essentially pay no taxes on the rental income over the next two decades, enjoy the appreciation of multiple properties at the same time, all while the tenants pay down those mortgage balances for you.While the debt paydown and appreciation build your equity positions in these properties, you can then look to put that equity to work for you via HELOCs or cash out refi’s.Bottom line:Equity locked up in a property has zero return.It’s nice to have options though, right?

I'm looking for creative ways to create a small passive income off of 50+ acres, but nothing that hinders my ability to hunt and enjoy the same land.