Some that may be higher returns but require more focus/effort from you and then some more hands strategies that can offset what you are doing but are lower risk, more steady returns. 

A great deal will easily sell itself. 

If I had to guess I would say your money could “develop” 1-2 houses in Staten Island but in the right market you could easily get up to 12 or possibly more good units fully paid for.

It might not be the greatest return ever, but it would allow for some revenue to come in when it is vacant.Thanks for your input!

And truth be told, a 6% ConC return year one is hard to find but let’s stipulate to that return.To get $10,000 a month, $120,000 a year off 6% annual cash on cash, how much capital does one need invested?

In any case, you can easily calculate that.Looking at your objective of retiring in Costa Rica, you have two options:1.

@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

For rentals, focus on cash flow and metrics like cap rate (target 8%-10%) or cash-on-cash return.

Leslie, sounds like you approached it more from a management perspective or returning guest.

The tax benefits refer to the tax deductions from mortgage interest and property tax.The returns mainly rely on appreciation, and the cash flow only improves in the last few years, also depending on securing the 5% refinance rate.I've learned a lot from this forum, but as I start to operate on my own, I'm still not completely confident.