This includes services performed by owners, employees, and independent contractors and time spent on maintenance, repairs, collection of rent, payment of expenses, provision of services to tenants, and efforts to rent the property.

Hey there @Jr Trotta.Everyone has a different approach to financial independence.

:Owning 1 unit free and clear = $12K/yr5 units free and clear = $60K/yr + (15 units @ $200/month = $36K/yr after PITI/ expenses) = $96K/yr10 units free and clear = $120K/yr + (10 units @ 200/month = $24K/yr after PITI/ expenses) = $144K/yrRetire by Year 10 using the above strategy with approximately $144K/yr income***We understand that by using leverage beyond 20 units, we would be able to potentially acquire more properties however, our primary focus is monthly cash flow (and fewer units under management) for the purpose of replacing our current salaries and achieving financial independence, and we reasonably assume that the 20 unit model above would allow for this.

It is a separate IRA account that you would direct independently from the self-directed IRA account.  

We do mobiles tied to the land they are on so not sure how these acts apply to only the mobiles themselves.Without a loan originator you are limited to the amount you can do in a 12 month period but I think but this way you have an independent third party to qualify the buyer. 

If you had $100,000 and you wanted to retire in 10 years, what road map would you use to become financially independent?

I'm now with a different brokerage firm and do my own thinking and make my own investment decisions.Google "fee-only financial adviser" to learn about independent advisers who only get paid by you rather than by salary or commission on the financial products they recommend.

But I am determined to invest and to achieve financial independence.

Hi everyone, I am currently living in Toronto Canada and looking to connect with people as i am new to real estate investing, and I am open to learning and connecting as we all grow to being financially independent and free. 

Hi everyone, I am currently living in Toronto Canada and looking to connect with people as i am new to real estate investing, and I am open to learning and connecting as we all grow to being financially independent and free.