The rest I kept in a bank account earning 6% (in a simple savings account! 

I have a good job as an air traffic controller, but I want to secure an even better future for my family by earning passive income through real estate.  

I know deep down that I am going to be one of the greatest real estate investors ever and I know I will earn my financial freedom.

Don't get caught with your shorts down.You can always have your reserves in an interest bearing account so that it's earning you something, but make sure they are liquid in case you need to pull them out.

-how much does the average HMP earn in revenue-How much does the average HMP earn in profit?

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The 3K is also expensed and the BD has earned income.

Silver bay, two harbors etc all they do is rental real estate, and you can buy a small portion of a giant professionally managed portfolio, and benefit from price appreciation and earn returns via dividends. plus you can sell in one day if needed. besides that why jacksonville? 

Please give it some thoughts before parting with your hard earned money. 

I would verify income with is employer and his paystub should show his YTD earnings to give you a better understanding of how much he's made so far.