Depending on how large the sum was, I would take ~$100K and start building a BRRRR or BRRRR-key portfolio to throw off income to eliminate my consumer debt, bolster my reserves and cover my expenses so I could hit financial independence and make work optional.  4. 

My strategy is to use real estate to achieve financial independence, to buy back my and my husband's time.

You could still work as an independent and get some work for your flop house bed.Today, a lot of the jobs that the non-skilled workers are doing have been already automated or equipment that one person can use is doing the work of many workers (think Forklift here).In the future, this will accelerate.

I love what is often said on the podcast about financial freedom and independence, and how that allows a person to live their life the way they want to with intention.I, like many of you, am a hard worker and that can easily turn into an imbalance that's detrimental to my wife and kids.

I can't tell you how many times I have seen owners get run all over by tenants.Managing vendor relationships: Property management companies have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate.

This is an independent senior housing complex, with a 20 year HAP in place.

Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investorsRequire you to close before a tenant is in place

This unit is in one of the older buildings downtown and I’d love to keep it in my portfolio I’m just worried about all the new construction flatlining prices. 5 and west, Austin proper, independent, 44 east.

So the only true way to do it is by independently googling it yourself and reading all the horror stories of not closing on time, bait and switch tactics, you name it. 

Last note that he also had an independent inspection.