End goal is to create enough passive income through rentals to live comfortably on.Went Pro even before my first post because I think this is an extremely valuable resource, and $5/month is the LEAST I could do to repay and support what the boys have built here.

You must create trust and convince them this is going the best option for them and why.

I agree with Jon Holdman....look into a Land Trust & forgo the LLC.There was a good article on that very same strategy someone on here may still have.

These listings are out of state, so I actually will not see them; however, I have trusted team members who will do the walk through on my behalf.

If the lender does not, we 'self escrow' in a separate reserve account (not an operating account or tenant trust account) that includes recurring expenses and anticipated capital costs.

The idea that this is not an event that is extremely tracked and monitored is simply foolish.

So I will assume $80K is doable.If you can live on $25K gross income, that means you are extremely frugal/resourceful.. and that your costs at at most $25k (unless you are living beyond your means).So Now you are $80K income, say taxed at 30 = $54K net - $25K = $25K of annual savings.

It may help to explain why I am extremely concerned by the diminishing concern for debt - personal and by governments, the growing entitlement attitude, and the spending by our government employees.I will put my soapbox away now.

Lot of trust fund money being spent in Jacksonville right now.

Ultimate goal is to continue building my note portfolio and investment portfolio to have a passive income for myself, and eventually my trust so my children will have something as well to count on for passive income.