Factor in carrying costs (utilities, taxes, insurance).2.

Determine the most likely sales price of the build (factor in the cost of the land also) and include all selling costs to arrive at your net profit and ROI. 

Or $30,000+ by EOY 2025.If you don't like Bartending, how about being a waiter, busboy, driving for uber, or some other side gig? 

Your limiting factor is the amount of INCOME you can do this with and for HOW LONG you can do it. 

Does size of mortgage paydown become a factor here?

My wife and I did come the the same conclusion on most of those same factors when we were looking in the north by Venice and Aviano. 

If your goal is passive income, it's not going to be in New Jersey when you factor in cost to purchase, management costs, and rent to price ratio, but what you can get is steady appreciation.

You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.

Because someone looking to live in the property will pay more because it's usually an emotionally drive decision.

Once I reached that goal, the drive for the next one felt just as strong.Reminder to enjoy the journey and that it’s not about the destination.Every goal you reach, you will enjoy it for a short time, then be on to the next one.How do you balance striving to do better and for more while understanding that it will never be enough?