Build up job skills, build up savings, and increase your W2 income.

SF investing supports my lifestyle goals better than MF, because it is a lot more passive and I can focus on my other businesses.Which brings me to the next point.

I am planning two ADU's at two separate properties, I'll trade a large yard for additional income all day long.

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.  

I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.

If you're looking for steady rental income, Cleveland could be a solid choice.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

i wish i had better news for you but it's probably not feasible in the short term to replace your W2 income with rental income. 

Interest income is interest income, unless you decided to roll some of the current cash into a self directed IRA at which point your interest income would be deferred for a later time and allow your funds to grow tax free.

We host a free real estate meetup the first saturday of every month if you are interested in coming and meet some awesome real estate investors who are looking to do their first deal to savy seasoned investors.