Properties in Wellesley and Weston are roaring high in the past decade and sometimes makes more returns than a multi-family, and it is easier to keep its value when there is financial down-turning.I understand that it is totally a personal choice based on the financial situation of a family, personal preference, and personal understanding and sense of risks/benefits with regarding to such choices.

@Justin R.Your CPA is being moderately conservative, and your QI is being extremely conservative.Nothing is wrong with either approach - as long as you knowingly choose the relative safety of a conservative approach over the financial benefits of a more aggressive approach. 

A year from now I would like to own atleast 3 multifamily properties and have made it my long term goal to become financially free by the time I am 28 years old (5 years from now).

I often had distrust towards hospitals because I never knew what the amount I was going to need to pay would be after going to the hospital; and it always seemed to be hundreds or thousands of dollars more than expected.Thanks to the financial security that real estate can provide, I am in a different financial position now compared to where I was 4 years ago.

I will dig into the financials. 

(Susan L'Ecuyer, 20 years in business).Real Estate Goals: Make well informed, spectacular deals on Single and Multifamily properties, meet incredible people along the way, build wealth through REI, and creating enough passive income to become financially free.Learned about BP through a family member who does REI.

The current rents are drastically below market, and our financials were based on upping rents to market in the coming months. 

In addition I would talk with a couple of financial planners before investing in a business.

With my conservative $40,000 dollar a year full time income and my mortgage payment of $1050 a month this leaves me with little buying power to buy a full time investment property.Some other relative info about my financial status is that I have a good to great credit score, I currently have $20,000 available to invest leaving me with a cushion in savings and because of my Airbnb income I am currently able to save about 80% of my full time job income yearly.

My bank will let me re set the debt at 80% of appraisal value.