I picked up a 7 unit, all in 150k, with about 30k YES 30K net income on about 53k gross.

My plan is to build passive income over the next ten years by scaling a real estate portfolio that I can manage once retired.

What do you show for income on your IRS returns?

Retirement 2.0 allows you to slowly replace your active income (from working your job) with passive income (that you make while you sleep), so that you get to live the life you’ve always wanted, while your kids are still young, and while you’ve still got your health.And not only that, Retirement 2.0 allows you to create an engine for ongoing income and wealth accumulation, so that, regardless of what you do, you’re generating income for your family.

I prefer multi family because they offer multiple income streams, usually higher rent per square foot compared to single-family homes, and are more likely to appreciate over time due to inflation and rent increases.I would recommend Columbus, Ohio.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If your wife can qualify for REPS, that would help tremendously since you are a high income earner.

On my long time STR, occupancy (70%) and income is down.  

I have good income and minimal debt.

I dont know how to find them or link to it.. the Issue I guarantee that 95% of the folks post about bad HML or is this company  real.