If you PM me the address and a quick detail on the project I can find out if any of them is writing in FL for your location.

Passive income is something talked about, but the majority of real estate investing is far from passive and what is called passive has payments for the passivity (management).Your why is strong, to provide generational wealth for your family and likely achieve time freedom long-term, that's awesome.

Another plus is that I now manage a lot less units, so PM is minimized.

The step by step videos in this program I find to be easy to get through they are sometimes as short as 4 minutes detailing a step in the wholesaling process or a tool that helps manage your sellers and buyers and then they give you an action to take... they only release a few videos at a time which to be honest was sooooo frustrating, like I may have complained... but I see now it was forcing me to just take whatever "action step" in that video was, so now 3 weeks in I still and not anywhere near done with the coaching and can say I DO NOT understand the whole process but I am failing forward with hopefully 4 deals in the next 4-6 weeks!

Hello Jerome, If you buy a BP pro membership you get free access to rentredi, a property management software that does have the features you seem to be looking for.

A decent portion of S8 tenants don't pay their portion of rent or utilities - sticking it to their landlord.Forget about using the threat of having their voucher taken away, as that doesn't really happen any more:(We manage almost 700 doors in Metro Detroit with almost 100 S8 tenants.

Set clear aims, like making money long-term with rental properties or short-term profits through fix-and-flip projects.

For a $300,000 property, this could be $6,000 to $15,000.Mortgage on Rental Property:Loan Amount: $240,000 (assuming 80% financed at 4% interest over 30 years).Monthly Payment: Approximately $1,145.Other Expenses:Property Taxes: Estimated at 1.5% of property value annually ($4,500).Insurance: Estimated at $1,500 annually.Maintenance: Estimated at 1% of property value annually ($3,000).Property Management Fees: Assuming 10% of monthly rental income ($2,400 annually if rent is $2,000 per month).Vacancy and Turnover Costs: Estimated at 5% of annual rental income ($1,200).Total Initial Investment and Annual Operating ExpensesInitial Investment:Total Borrowed from Equity: $150,000Down Payment for Rental Property: $60,000Closing Costs for Rental Property: $10,500 (average)Total Initial Cash Outlay: $70,500 (initial investment from equity) + $10,500 (closing costs)Annual Operating Expenses:Property Taxes: $4,500Insurance: $1,500Maintenance: $3,000Property Management Fees: $2,400Vacancy and Turnover Costs: $1,200Total Operating Expenses: $12,600 annuallyExpected ReturnRental Income:Assuming $2,000 per month, annual rental income = $24,000.Net Operating Income (NOI):Annual Rental Income: $24,000Minus Annual Operating Expenses: $12,600NOI: $11,400Debt Service:Mortgage Payment on Rental Property: $1,145 per month, $13,740 annually.Total Debt Service: $13,740 (rental property) + $8,592 (equity loan) = $22,332 annually.Net Cash Flow:NOI: $11,400Minus Debt Service: $22,332Net Cash Flow: -$10,932 annually (negative cash flow initially due to high debt service).Cash-on-Cash ReturnInitial Cash Investment: $70,500Net Cash Flow (first year): -$10,932Cash-on-Cash Return: Not applicable initially due to negative cash flow.Long-Term Appreciation and AdjustmentsProperty Appreciation:Assuming a 3% annual appreciation, the property value could increase by $9,000 annually.Rent Increases:Assuming a 2% annual rent increase, rental income will rise, improving cash flow over time.

Find a good TLC project if possible something with good bones but may need some upgrades.

We are shut down for a bit as we complete a pool construction project but expect to continue with the one we tried, and probably the other one too.