The 3 legal units are rented but i want to live in the basement to qualify for owner financing (the basement apartment has 2 exits and an egress window it can not be converted to a 4 unit). Is

My 4-unit is from 1903.

Or as often happens there are folks that just have expectations that are not achievable.Nothing is inherently wrong with any of those folks above (except maybe the un-achievable expectation folks) but the staff needs to prioritize.

All depends on where your unit is.

I admit mine are C units but I found the same in my B unit I just purchased.

-I have recently been given the task to handle this unit, I know the rent is roughly half of what it should be on the current market.

Again, I would like to achieve at least $800\month after all expenses and taxes from this.3. 4-5 years down the road, I would hopefully be able to purchase a third triplex\quadplex achieving a similar income stream as the other two.

This will have to be out of state as I'm in California which is out of my budget.I've been poking around the forums, but haven't been able to find some spreadsheet / projection of how one can achieve financial independence via real-estate.

The return, which is easily achieved via a good syndication, is [almost] passive and would likely cover the interest payment on your mortgage and then some.

In single family housing, for the most part (unless the unit is in an HOA area), you are in charge of everything.I think you should only invest in apartments, if you own the whole building or can take charge of the HOA.Ive been investing in real estate full time for 5 years or so now, two of them in Indianapolis. happy to share more if you want.