New Investor introducing myself

[Wilmer Pena]

Hello Everyone, I always wanted to do it but I've chicken out both times I owned a home. Looking to invest in rental properties in the Phoenix, AZ  and Dallas, TX areas or anywhere in the Southwest. I currently live in San Diego. I am almost 46 years old, married with three daughters (20,17 and 14). My vision is to own enough properties by the time I am 66 years old and live off passive income from those properties. Will be traveling to Phoenix, AZ in 2 weeks and to Dallas, TX in a month. Any tips where to go from here will greatly help. thanks

[Paul Cox]

Welcome@Wilmer Pena, 

I've been reading the posts here in the STR forums for a couple of months now and have gained a great deal of tip of the iceberg knowledge from these great contributors. I'm planning on buying my first STR in the next 60 days based on some help and guidance from some of the contributors here. One of the things I like about the STR route is to do what I learned from @Avery Carl about taking the quick cash flow that comes with STR and reinvesting that into more LTR/Multi-Family properties.  That's the plan I'm running with now.  Again Welcome my friend and happy investing!

Paul