In the interim I hope to spend a lot of time in a lot of places, first plan once freedom becomes reality is Tuscany, I was there for a short visit this summer and fell in love with the history and culture.

Do you think it’s worth a BRRRR (but then prob have to spend the additional $ on converting to gas) or just a fix and flip?

Explain that your function in the real estate investment cycle is to spend a lot of time and energy to market to potential sellers, weed through the valid prospects, successfully negotiate the price, and market to find an end C Buyer.

Go for a drive and spend the day talking to agents in the smaller pockets.

So if I spend 30k, then I sell the house for 200k it would pay off the primary note for 100k, then the HELOC for 30k, and leave me with 70k to put down on the next property?

Spend an appropriate amount of time researching, reading, and learning obviously but time is money when you’re growing it exponentially.Since you mentioned “getting out” versus retirement then I figure you’re just hitting your ETS.

I personally don’t see the downside to any of this, I’ve calculated that I’ll spend a month of my life in the grocery store, not including traffic and parking.

First thing you should do is spend some time on BP and with other investors and get educated.

Read Tip 5.Tip 5: Until you know the law and the market, you should hire a professional to handle the investment for you. i understand you can learn a lot from wasting 18 months to evict a non-paying tenant but you could spend 1/10th that amount hiring a professional and then learn through them.

That is how you will know how much you can spend to get the property and how much profit you can make.