We are always looking for and want to move into buy and holds of all types (multifamily, storage, etc) to build our passive income to be able to retire and spend more time with our beautiful daughters.We are very excited to get started and make our first deal.

I'd love to have rental properties that just generate me a stable passive income, but I just don't see the ROI if I don't leverage.

My ideal buyer will be someone that has lived all of their working life in the US and are now seeking a retirement home (I do post on craglist in different states to attempt to attract this market) Most RE investors are buying distressed properties near vacation spots at 30% to 60% below market value...

@Christopher Sicaconsider creating Solo 401k retirement plan.

It already has stable renters and a lot of work recently done.

I am probably most interested in buy/hold transactions to build equity for future retirement.

Myself, I am looking to retire soon so I approach it more conservatively than I would have 20 years ago.Whatever direction you take, make sure you leave lots of cash reserve to cover that huge unexpected expense that will hit at some point.

Said he was retired, then working a new job, so again, no idea.

IE: Investing in education, emergency savings, paying off debt, starting retirement accounts, building credit responsibly and buying real estate.

I grew up in the city where they are located so I know they are in stable neighborhoods (not declining but not improving either).Prop #1: 10 units in 2 adjacent buildings.Price: $280000Down Payment $70,000 and Mortgage of $210,000Annual Rental Income: $47,500Annual Expenses (incl taxes, ins, mgmt fees): $25,400Net Operating Income: $22,100Annual Debt Service: $16,284Positive Cash Flow: $5,816 (22,100 - 16,284)CAP rate: 2.1% ($5,816 / $280,000)Prop #2: 10 units in 1 buildingPrice: $229,000Down Payment of $57,250 and Mortgage of $171,750Annual Rental Income: $56,100Annual Expenses (incl taxes, ins, mgmt fees): $29,903Net Operating Income: $26,257Annual Debt Service: $13,320Positive Cash Flow: $12,937 (26,257 - 13,320)CAP Rate: 5.6% ($12,937 / $229,000)I'll obviously do a thorough inspection done of each building to uncover any capital construction needs or deferred maintenance problems.Any thoughts?