If your looking to buy a SFH as your first property with the intent to live in it for 12 months and then use it as rental, I would run the typical cash-flow analysis that can be done on the BP calculator.
If your looking to clear 100k a year, I would break that down into manageable chunks. for example that's $8,333 a month. Assuming your properties cashflow $250 each, you will need about 33 properties. Now you can start putting a plan to acquire x number per year until you reach your goal. I wrote a post about how I laid my plan out and how I'm progressing on my five year plan to 5k a month in cashflow (link below). I can send you the spreadsheet if your interested.
I would suggest house hacking a multifamily or the BRRR strategy if you really want to accelerate yourself towards your goals!
What time frame is she wanting to reach 100k a year? I have both multi family town homes and single family homes. I have better returns on my single family because I bought my first two homes on the same property with room to build 7 more homes on the same property. So that allows me to make the most out of the property that I have already bought. The two that were already on the property were small new build single family homes. Both are 725 square foot houses with two bedrooms and I get really good returns out of them so I am building 7 more identical to the first 2. I also tend to find tenants a lot quicker than my multi family town homes. I don’t put any of my money into them and they make enough after my payment to cover any unexpected costs. I would be more than happy to share my blueprint on the houses I’m building if you want. I have $57,600 in the new ones and they are turn key ready. I am getting $650 a month out of them and have people lined up waiting on them to be done.
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