Badass.The Skeptics Take:It’s spring and I think I speak for everyone when I say, time to double click on those sunny clothes and put the sweatpants in the lower drawer.

"I want to earn $4,000 per month after all expenses" is a goal that you can reverse engineer and work towards.2.

Hey Inga - You shouldn't have to go with private money to make this work, that would be more expensive than necessary.

(It is more costly though)     I gave my cpa my income & expenses per property he said that’s not enough.  

it has its own challenges - old properties with significant deferred maintenance, low to no appreciation in certain areas, lower rents. 

what i hear you saying is... properties are expensive, and so finding the right one is going to be difficult. 

My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.

It is my understanding that it would be mutually beneficial for him to put all or much of his earnings towards closing costs to lower our cash out of pocket for closing.

Hey Stephanus, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Markets like Cleveland and Columbus have a lower barrier to entry, are landlord-friendly and you can cash flow.