Keep in mind your 650 tenant to qualify needs to make 3X rent.. that's less than 2k a month.. take out the rent take out 150 to 200 for utls that lease basically 250 bucks a week to pay for their car their phone.. food cloths , most have kids the dog food etc etc.. these are folks that live pay check to pay check.. so to think your going to get stability in that renter is wishful thinking and or you simply don't know what you don't know.. 

Most retired people want to be near their doctors,  amenities, conveniences and their grand kids. 

I am married with two kids. 

Hello Everyone,Me and my team of International Investors....Just kidding, been listening to BiggerPockets podcast, couldn't resist.Anyway, here is my finances laid out, if you were me how would you proceed?

Now a few questions I had are:-How hard is it to do real estate investing (flipping and rental properties) with having kids?

College kids I assume?

After having listened to the podcast and its various guest, I have glimed some tips that will helpfully inform my trajectory in REI.1) My ultimate goal is to replace my wife's salary within 10 years so that we can replace the time she works with time spent with our kids (don't have them yet but we plan on trying it November so fingers crossed!) 

Though, if I found a place with 2 units or a beach condo I could live in when the kids are with dad and use for vacations (over 50% of time) that I could Air BNB out, I could make an owner-occupied house hack.And, through the power of Google and FB, I'm now getting hit with TONS of ads for real estate training courses, hard money lenders, and services that are supposed to help find leads, but I know they are ads, and really need to figure out how to vet all this stuff.Any suggestions for someone very serious but just starting out?

There are plenty of kids who don’t want to pay $700 per bed to live on the other side of that bridge.

I would love to start working the BRRR strategy, but I don’t have the time to commit to a rehab until all my kids are in school (4 more years).