Simple and powerful. 

You might want to try tools like Stessa or Buildium for tracking, or even a simple spreadsheet to get started.

Real estate is an excellent avenue to help you achieve those goals, especially since it can create both passive income and long-term wealth.

Raising Private Capital, in its essence, seems simple enough.

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

Medium term rentals may be a better option.

Short term rentals in St Pete are technically illegal but it doesn’t stop hundreds of other investors from doing it.

Passive income is certainly the name of the game - building a real estate portfolio and creating generational wealth are key ingredients to long term holistic financial health and success.There are fantastic real estate investment opportunities in various markets, particularly in the Midwest and Southeast of the country. 

Both options have pros and cons, and the right choice depends on your lifestyle, experience, and long-term goals.

She can use that money to get a hotel room or short term rental....or stay with family or friends.