@Axel Meierhoefer that’s amazing, glad to hear you’ll be achieving financial independence soon!

I got licensed in Indiana for Property & Casualty and Life & Health and opened an independent agency. 

(Disclaimer: I'm not a tax professional, just an investor who has become financially independent and love real estate investing)Hope this helps!

I've become financially independent through building a business, selling it, and investing the profits.  

However, I've recently been investigating REI as a way to scratch my entrepreneurial itch and to take ownership of 'my time' with the goal of financial independence in the forthcoming decade.

Although we have not had a pandemic like this since 1918, but we've had similar demand shift in Canada and more recently in the UK.Drop in demand in the Montreal market after the referendum for independence in 1996 has altered how one's investment goes in the long run. 

I've done this and have become financially independent through building an e-commerce business and investing the profits. 

It all boils down to what you can demonstrate/support should you be audited. 

Stay tuned for my journey to financial independence 😃And for anyone wondering why it’s so cheap and needs minimal work, the area that I live in seems like an investment property anomaly.

I'd recommend using a property management company and independent insurance agent.