I am now planning to do wholesaling with any leads that I get that I cannot buy myself. 

I plan to retire from FSU as a mechanical engineer/machinist in about 6 years and want to research a potential  entrepreneurship in short term vacation rental properties.

Plan is to add two additional units to the bottom floor and remodel the upstairs unit. 

You provide a basic outline of a plan most investors can use to create a 7 or 8 figure net worth.  

Purchase price: $519,995 Cash invested: $519,995 Sale price: $610,000 My plan was to invest in a new construction 3 bed, 2 bath house and rent it.

I plan on doing a cash-out refi to get that tax free money back outI'm not doing a 1031 because I'm moving to Georgia after this sale and have a lot of other moving parts to think about.

Purchase like so, use 401k loan to rehab, then rent and refinance is the plan that I am considering for my first property.

Charles,I like the idea of deferring taxes until death :lol: I plan to enjoy the mula while here!

By 2030, I plan on moving my family to Poland (my wife's native country) and so I am unsure what I will do for income then.

I don't plan on dominating the niche haha, I want to scale to bigger properties, but I want to gain experience first.