That is sustainable income.

There are formulas that are to be used to achieve good results that are sustainable and profitable

The hard work and self management parts of it really resonated with me.

One of these was opened my an RE attorney (the LLC filed as an S Corp) in Dallas I grew up with and he is the one that pointed me to all the obligatory information needed to file and sustain a proper asset protecting entity.I was just giving him my opinion and experiences.

some markets only sustain 80% .. some support 1.5% .. 

I’m running the numbers and thinking the whole traditional method of buying a rental asset and it requiring very little active work, generating significant sustainable free cash flow over a long period of time, does not exist.

@Jessica Roland BRRRR isn't exactly a sustainable concept...and it appears you've found out.

Have they had trouble selling, was it inherited, does it include additional tracts of land, or solid construction traits not advertised. 6) Try to acquire with $5k or less down, and payments low enough to sustain long term in case of long vacancies.

I don’t even manage the property and still have to constantly deal with it. 1031 will be the move.I own a house in close proximity as well.I would love to get another property, (preferably a duplex but adaptable) near the beach area.My goal is to start making more passive income and grow a sustainable Real Estate portfolio.Adaptable as I mentoined: to move Into the prospects of MultIfamIy dwellIngs or flIps when comfortable.I like meeting people and am constantly learning new processes.

Hello, I am 57 years of age and wondering if its still resonable to try and retire early with Real Estate Investments / Flipping homes??