This means the property needs to return $25k per year over the next 10 years in order to be equivalent to the first model.Moving from this simplified model to your real life situation, here are some complicating factors:1.

More owner occupants can be a good sign as they are heavily invested in the quality of life and daily affairs, but I have had great long term renters in condos, too. 

I want REI to help get me some more time back in my life and definitely build long-term wealth.

I live in Garner,NC and Im looking for a change in my life.Currently I work on tugboat in the area of NYC, gone away from my family 2/3 of the year making decent money, but being gone, not enjoying life is getting to me slowly.

If not, are there tips you can share on how to judge how much life is left in your furnace/boiler or central air system?

Anyone out there want to take me under their investment wings and help me change my life and those around me!

My goal going in was just to pick up something from listening and believe that I have grasped a couple business/life changing aspects.  

Thanks for sharing Kwame, we learn so much from people posting real life situations they have  walked through!  

Your top priority in your life right now is to protect your family, the best way for you to do that is to finish school, not get into real estate!!!

I am a furniture designer from Milan (Italy), currently living and working in New York.I love very much to travel, develop my projects and live my life at 360, and I have been looking for a while for a way to become financially free and to make more money out of my time.I was happy to find Bigger Pockets in my search.I will start learning from the basics of real estate investing, working hard and hopfully having some fun, I look forward to explore the forum and to know many of you.