Look for Strategy/Suggestions to generate $10000 in Rental Income in 5 years

[Udaya P.]

I have $100,000 with me. 

My goal is to earn $10,000 per month in positive cash flow(Passive Income) in 5 years time frame.

I am a new bee and new to investing in real estate/rental properties.

I am looking for strategy/suggestions from all the experts in BP in order to achieve my goal.

Some of the ideas, I am exploring are:

-Buy 3-4 properties for 35-40k in mid-west, which generate $500-$600 positive cash flow

-Use 100k as down payment(25%) and use leverage to buy 1 or 2 properties in high priced areas. 

-Invest in REIT or other funds

Any suggestion/strategy is appreciated.

All suggestions/strategies are welcome to achieve my goal of $10000 in passive income in 5-years

Thanks

--uday