Business Plan Advice
So I'm trying to find my end goal and wanted to see if I was on track or not. My plan currently is to get 40 units that on average get $200 of cash flow per month. Once I get there I would shift my focus to holding for a couple years then selling properties in order to use the built up equity to pay off the mortgages on properties I already own. Essentially setting me up with around 13 or 14 units that are paid off. This in theory should increase my cash flow to the same level it would be at if I still had the 40 units all with mortgages. Same cash flow but with less properties and minimum debt. Just looking to see what you guys think.