Equity approx 150k combined.I have 50k saved and another 20-30k that i am considering to borrow from my TSP (401k) at 2% interest.My question is whats the best investment i can do with that 70k plus potentially equity from my two other properties.I have found a 4 unit in texas for 225k with already tenants occupied bringing in $2645 month.

Currently I'm at the point where I'm just saving money and learning.

Buying a real estate portfolio in an effort to provide some retirement income  and provide money for my 3 year old son .Presently  on board with two single families and a seven unit property which I'm looking at.

The next option I thought of was buying a rental property with money I have saved up, renting that property and using its cash flow to cover the rest of my dads mortgage.

Kev Kevin:We'll see if we can get @Thomas S. here to provide guidance on navigating Ontario's LTB to save you time, money and some degree of frustration.However, the general rule of one lease, one payment applies here.  

I'll save you a wall of text unless if you ask for it ;)

@Ivan WongSet your alerts on BP and start saving your cash.  

For those people SAVING less than 30K per year... rentals or turnkey rentals are the way to go at least until you have a good knowledge and cashflow base of a couple thousand every month.

.- 30 yr am.If you can identify which 1 or 2 you want to give up, and can be crystal clear when Dialing for Dollars, it'll likely save you a bunch of time.

We need to stick to this timeline in order to save on construction costs as we will order the prefab unit concurrent with another "spec" cabin that my partners and the LLC are putting on the lot next door.