@Shawn Carrico-Phillipsit's tough to answer this because it will depend on your own goals, values and preferences.but as you may have noticed, it is very, very difficult to cash flow right now on long term rentals with conventional debt. 

On a low end that would put me at $1500 left over after all expenses.Notably, my long-term goal is to continue buying 3-4 unit multi’s and these retirement style commercial buildings.

That gets you closer to your goal of $48k net profit (after commission, but before expenses) if I understand correctly.

I have been reinvesting my capital back into my business and acquiring more land.My next goal is to expand into multifamily development and secure additional land.

Our goal was to 1.

Goal is to move mid-late 2024  Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.

I invested in a syndication in April of 2022 that was projected to give me an 18 percent return for 4 years after which I would be refinanced out on a waterfall and left with 5 percent of the deal post the waterfall as long as the deal is owned by the GP.

The one clear goal I have is to buy a property in September 2025, so that gives me about a year and a half to prepare. 

There's no right or wrong answer to this, it just depends on the investor and what their goals are.Of course leverage is great.

I understand that there are multiple paths I could take, such as rentals, flips, or wholesaling, and I'm trying to figure out which path aligns best with my goals and current situation.Here's my question for all seasoned investors: What would be your first step if you were starting your investment journey today with the knowledge you now possess?