Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… that would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.I’m not a lender, but there are some important things you need to know about when looking to purchase a 3-4 unit property.

This WILL be producing some inventory from tired, unprepared or just unlucky owners.

Produce a Result of increased rent.It is not revenge; it is reacting to new/increased risks.  

I would use the same consultant to later produce plans with all granular detail and modifications based on land choice, then assist in the execution of the project.Question: what professional would I seek out for a consult: architect, civil engineer, builder, developer, etc.Thank you for sharing feedback based on your experience with this type of project.

A brilliant house that took care of us for a few years and now it producing a hefty cash flow.

Alternative uses would be residential property or commercial (hotel/Air BNB, tourist destination, vineyard, etc) in central TX but the increased price in O&G country would come from the potential for surface damages income from O&G producers.

I am not a producer of this, so thank you to the people who shared it and produced it (GASSA)! 

Kind of...years later that property is worth nearly tripple what I paid for it and the cash flow it now produces is a big part of my current financial freedom.Note that my success story is in my mentors book because I didn't quit.

It will likely, certainly has all the potential to, produce more suffering than it attempts to avoid.You can't put a virus back in the bottle once it's let loose.

Here's where we are at:Our goal is to purchase several rental properties over the next couple of years (single family and multi-family), and ultimately to produce passive income through cashflow.