I am NOT looking to be a Cardone type investor with thousands of rental properties, to me that seems like hell and just seems like trading one rat race for another.

I could easily just work the regular 40 hrs and be complacent, but I have a vision that one day I will be out of the rate race and have generational wealth to pass on to my 2 kids.

@Bruce Woodruff facts I did because what you and the gentlemen who posted this thread is disturbing someone’s appearance , race , religion shouldn’t play any factor who cares if they have tattoos ???

I am new and really anxious to free myself from the rat race.

In the future I may try to fully hire out, troubleshooting a snow blower or mower that won't start may be my least favorite part of being a landlord lol. 

"I want to be financially independent", or "I want to exit the rat race", or "I want to

In the end, if you do not keep up you will be supplementing the rent and if you do not do that you'll get hit with a new roof bill at some point that can knock you out of the race then too.

But putting $50k down on a property that cash flows $500/mon would yield a 12% improvement to your cash flow but will likely be better for your net worth.So if you’re someone who is already financially independent, you’re probably more concerned about net worth.However, if you’re someone who is trying to make it out of the rat race ASAP, you may be best off making decisions based on cash flow until you’re free from the rat race; then you can re-evaluate your goals!

It is a retirement vehicle not people looking to get out of the rat race with cash flow. 

I see the rat race as like being a hamster on its hamster wheel, going a million miles a minute but getting no where.