Once we hit our minimum passive income goals (basically W2 salary replacement) through monthly cash flow/real estate then we will re-evaluate and reallocate our savings strategy.

While this sounds like it will be harder while also starting our family, we have basically been looking into two different options with neither of us having ever purchased a house before.

Basically according to the law I am entitled to the rights of the VA landlord tenant act unless he expressively opts out and it does not seem to.me he that he did based off the information I provided however I would like your feedback

Jason basically there are about 3 different types of syndicate deals.Stabilized properties with no upside but regular rental increases.Properties with some income but some upside to fill up.Properties that have a larger value add component with typically more equity growth but not much cash flow the first few years as a pref to investors.There are some investors that want the money TODAY so more of the stabilized properties.

@Jay Khoury That (replace my income) is basically my goal.

Recently we've had tons of rain and basically the whole county is under water, roads closed, etc.

The basics of accounting will be enough to prepare your personal financial statement such as balance sheet and income statement.Especially, if you have multiple real estate properties, things can be complicated.

Basically, the turn-key properties just are done with the replacement of roof, water-heater, and/or kitchen/bath reno/resurface.

Also if that someone does miss something that's discovered during an audit, they get fined and not me (obviously a pattern will result in a severed relationship, so I keep everything compliant to the best of my ability so that final QC/compliance package is a slow ball I'm pitching their way that they can knock out of the park).it only works if your like me a commercial ONLY mortgage bankers who is not doing all the CFPB stuff.. we just have to do a quartly mortgage call report on NMLS which is pretty basic I know this because even I can do it.. at least with the help of the help line.

I've been working part-time and going to college full-time basically since I graduated high school in 2011 and am going to be working full-time and going to school full-time in the Fall to allow myself to put away as much into savings as possible before this next year.