Life Goals--Own 15-20 doors by 2021-Become a success story within the BP family-Quit our JOBS by 2022 (w/passive income from investment properties and our real estate business) Financial snapshot for our purchase--$91k (1031 Exchange money)-134k (Cash and LOC)-Total=$225k to investWe are on a tight timeline with the 1031 money, so would appreciate advice on our overall strategy Strategy-As a seasoned investor, if you were in my shoes and with our goals in mind- what would your strategy be?

I'm offered an investment offering outsized returns (20% preferred return over 90 days), and wondering what I can do or ask to determine whether it's a poor choice of investment.

Depends on your strategy and if its just to get your foot in the door SFH could be the way.

@Mark FriesLook up hIs resudence Stop at his house .Introduce yourself and explain the sItuatIon man to man Flash a thousand dollars cash in front of him while your at the door to entice him .i certaInly would not start with a big number like 5 grand .

Because you are looking for 20 doors in 3 years I would suggest you look into multiple family. 

I am managing 13 doors locally in the Berwyn market, and I am working on acquiring more.

I have no idea what the average unit size, or bed/bath numbers are like in your market, though.I may have given you too much information so below you will find a quick pro/con list.Pro: lived for freegained landlord experiencegained rehab/flip experince (from a hands on, and Project Management perspective)have a great rental when I move out ( I will cash flow over $150 a door after accounting for PITI, maintenance, vacancy, and Property management when I leave)It is less than 5 miles to workClose to economic anchors (community college, military base, and downtown OKC) Cons:  Not the best town in the OKC metro (the street is safe, and so is the town, just not my forever area).           

The owner of the home next door to ours passed away about a year ago and had no estate from what I can tell.

What’s the next step I should do I want the property bit done want to go past 45k a building next door went for 33k

Im getting 50/50 on that question which drives me away from buying anything right now lol and now im understanding that SFR (single family rentals) owning and renting just one door is a bad idea for investing and also not as much cash flow etc.