How many calls do you make a day to achieve your goals?

A separate meter is a better way to go but this way has been working for me and it's $300 vs thousands to achieve the same result and the tenants have been good with it.

You've got to identify the resources you need to achieve the goal before you can determine the platform offering those resources.  

You have so much firsthand knowledge with real estate in Hawaii.

My guidance is always to first determine your exit strategy and then reverse engineer into the resources you need, and the platform that provides them, in order to achieve your goal. 

By taking calculated risks and implementing the right strategy, one can achieve success in real estate.Good luck!

But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.

With 4 fully paid off properties and 10 doors producing $10kish per month in the next 5-6 years, I think that achieves what we're looking for.

If you figure out how much you would need to have passively to just get by bare minimum, and still get the occasional coffee or take out then you can figure out what you would need to buy for property to achieve this.

You can usually find some events by doing a simple google search.What are you looking to achieve through real estate?