However, in reality, the term "financial freedom" is an oxymoron, as true financial freedom is almost impossible to achieve.Firstly, financial freedom implies that an individual has enough wealth to meet their basic needs, maintain their lifestyle, and have a cushion to fall back on in case of emergencies.

In the luxury rental area it is still all about the lifestyle experience with many properties being of the mixed use variety offering street level retail and dining with living above. 

Your lifestyle also has to be taken into consideration- if you have a demanding job that takes up a lot of your time, owning properties that have constant issues that require your attention isn't going to work. 

This proactive approach not only enhances the overall appeal and functionality of the property, but also contributes to its sustained value over time.Legal Compliance and Risk Mitigation:The world of real estate is a complex and dynamic landscape, rife with legal intricacies that can be overwhelming to navigate.

This proactive approach not only safeguards your investment but also enhances the overall experience for both you and your tenants, creating a mutually beneficial relationship that contributes to the stability and profitability of your property.Maintenance and Upkeep:Regular maintenance is essential for preserving the value of your investment and ensuring its longevity.

This is likely going to be an owner user who is all about the lifestyle. 

Dallin, I like where your thoughts are headed but just a few words of caution with this plan.Using your rental income for your current home to pay your mortgage even if your house hacking can be detrimental if you don’t have cash reserves for that property.What I’ve seen is people using their cash flow for their lifestyle too early and then whenever there is a turnover or maintenance issue you need to come out of pocket to fix those things.I’d advise keeping that cash flow until that home can pay for all of its expenses each year including projected vacancies.

I'm a bit of a workaholic but when I started my business I wanted to build more of a lifestyle business, not sit in my office and handle employees 40hrs/week.

@Oskar Czeladko, there are multiple steps you can take to enhance the competitiveness of your offer.

In this section you are really trying to think about WHAT you enjoy doing, WHEN do you enjoy doing it, what is your lifestyle going to be when you hit that goal.