Household income $275k/yr-TSP #1: $205,000.   

Here's a simplified example of how this can work (or at least a good way to wrap your head around it):Let's say the property you're interested in is listed for $100k and for whatever reason, you think the seller would accept an offer at $90k (maybe it's been on the market for a bit and they've recently reduced the listing price).    

Try to get one side completed at lease to have income and then the other to have it totally full.

You would then hold the loan on a 90-95% LTV product at 5% (Which is taxed at ordinary income).

These are the benefits I see: Mixed useRetail space(s) brings in a long lease and stable income.

We also had an eviction and lost around $15k in rental income in 2023.

To successfully invest in a property for steady income, establish your investment standards, research the market thoroughly, assess your financial preparedness, connect with local agents, property managers, lenders, and other investors, analyze properties carefully, consider various financing choices, do your homework before making an offer, and negotiate and finalize the deal.

Hello, I am working on my financial independence plan - my goal is to generate a passive income of $10k a month.

Plus with commissions, you have write-offs for expenses to reduce your tax burden. 4.

Long story short, they are requesting to reduce the base rent from $2,000 to $850.