Hi guys,I would like to have advice on how to reach financial independece / retire early as fast and yet safe as possible.

I do fix and flips, turnkeys and have been acquiring a portfolio for my retirement. 

In fact, last year he had an excellent presentation on House Hacking at the meetup.Honestly, I am concerned about the next few months when it comes to appreciation and high end rents in Colorado Springs... but generally, rent by the room and other affordable housing should have stable cash flow in almost any scenario - so I think you’re setting yourself up for success with your plan.Last, there are plenty of good realtors in the springs (many on BP too), but I also recommend Colin. 

I'm trying to buy a few rentals under 120k to add extra income for my family and most of all have something to fall back on if I lose my job or become disabled and to have for retirement. 

And a bunch of old people are about to die, those folks don't need retirement housing in Florida, representing a drop in demand.I've got no skin in the Florida game, but the ONLY thing I'd hypothetically personally be looking at in Florida is detached SFRs with no HOA. 

Returns are good ~8% caps on average in C class areas, but it's also very stable so you'll likely hold your rent rates and values a bit better than more volatile markets.

Make sure they either have stable jobs (unlikely) OR their parents can co-sign and have stable jobs. 2.)

A 8-10% is good return for stable investment with depreciation benefits and backed by collateral that is the property.Hope that helps!

Of course, the winters in Minneapolis aren't easy on houses, but I assume builders in this region are well aware of what it takes to build stable buildings for the environment.  

After buying our 10th property, I told her she could retire since out rental income is what her job pays her (60k/year or 4k/month after taxes).