So, as it stands now, my debt consists of:* $87k student loans* $8k IRS* 38k credit cardsI make $54,000 per year.I was feeling overwhelmed, and met with two bankruptcy attorneys who both suggested I file a chapter 7 bankruptcy.

Still pending, but I am optimistic that this will be a successful long term investment that should be able to achieve consistent cash flow.

I am asking about a real estate portfolio specifically, not your overall portfolio that may consists of stocks and/or bonds.Do you build your RE portfolio based on a predetermined percentage of each asset class (ex. 50% residential properties 50% passive funds)?

I have a person that I use all the time and 90% of his work consists of me and a few other of my closest friends.

This is why we prefer to review the records consistently throughout the year and finally in December in preparation of the tax returns being prepared.

The property consists of a farmhouse converted to 4 1-bedroom units and a single-family home on a 5.5-acre lot in a semi-rural suburb of Buffalo, NY.

Consistently over years. 

Their goals were consistent with mediocracy, I was driven to become excellent.

If you put in consistent and persistent effort over time you will or you'll find another strategy!

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.