buy multi family first to generate passive income then buy primary Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

His $300k annual income well exceeds his cost of living even after tax.

Strong secondary rental income as well

Net Operating Income- $46,000 before depreciation expense, income taxes, principal and interest payments.I. 

I have done okay in my career and looking to start building a portfolio for some “passive” income.

They are mostly high earning income individuals who don't want to spend the time and headache involve.Return wise, both will make most likely about the same if they are manage to their full potential.

Credit above (700) Fannie Mae easier on guide lines and finally Freddie Mac almost mirror image.FHA will allow higher debt to income ratios for DTI. 

3 Months is good number but it also depends upon your personal finance especially earnings situation. if you are not totally remote you should be able to rent it in 1-3 months.

This can provide stability and reduce the frequency of tenant turnover, offering a steady income stream over an extended period.Challenges:Tenant Dependency: The success of a NNN lease heavily relies on the financial stability of the tenant.

After my preliminary research, there are still two questions I was still curious about regarding a condo I wanted to rent out in the future.1) What can I do to ensure I do not end up spending a crazy amount of my cash flow on random maintenance costs such as special HOA assessments.2) How can I make sure to obtain tenants for my property ASAP so I do not have a single month without earning rent.Thank you so much!