Will move to Hawaii and qualify off of W-2 and current rent rolls/income 

paula pant is awesome, I also like the "rental income podcast with dan lane." 

I'm shooting to create enough passive income in the next 5 years so I can sell my current businesses and refocus my energies on creating a comfortable life for my wife and I.   

This helps ensure you can manage payments even if the property isn't generating income right away.Given your situation, if you're aiming for an investment property and have about 3 months of PITI saved up, you're likely in a good position for a conventional loan.

Hi I'm new to this and looking to start my journey towards financial freedom, I'm looking into purchasing a multi family rental unit to start earning passive income.

Mine and my SO’s annual income gross income together comes out to around $148,000.

However, financial freedom is not simply replacing your current income; it requires maintaining your current lifestyle for life.

He is definitely "the real deal" in terms of he is a very successful entrepreneur with a big net worth and several streams of income (one of them being these future flipper course sales).Here's my 2 cents. 

Discover how partnering with CityFHEPS can not only boost your rental income but also contribute to providing safe and affordable housing solutions.

For this property, you would be wise to incorporate the income from the other units against your debt service to make the property more attractive to lend on.