Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.

@Zee Abbas Sorry, I meant that on paper, all my properties should have a great ROI, based on their rent vs PITI/typical expense forecasts.

Where I am going with this is someone may trade a W2 wage slave job for a job of owning rental units to house people and their pets.

Start at home, do the maintenance work in your home, if something is broken and needs to be fix try to do it yourself before your parents call for a trade to have it fix .

Additionally, prepare financial projections, including cash flow forecasts and ROI calculations.

The result is that Sbux is paying $60 - $70 dollars in rent, but the market rent in the area is only $30 to $40 so an investor who, say, trades out of a small MF property into a Starbucks thinking they're getting a great "hands off" investment could find themselves owning a building that's worth half what it was when they bought it (or less, depending on what the tenant pool is to back fill it).

Maybe THEN you see what you hoped wouldn’t happen - that you may be out a month’s rent or so - but that is why we mention a vacancy rate when forecasting rents, right?  

I know this could mean switch to another job to keep learning my trade or taking courses on project management.

Since you have your GC license, I would get the trades together and start building houses.

They never invest in oakland for example due to those location has highest crime rate in bay area.so expecting all market to work in parallels was bit inaccurate... my forecast never inaccurate since 2009 when I examine this aspect in more detail.