Since you’re looking to build a portfolio without leveraging your primary home, a few strategies could make sense: small multi-family or single-family rentals in nearby Midwest cities, using private money or partnerships to finance deals, or even BRRRR-style acquisitions if you can find the right rehab opportunities.

Which to me is a life style change.. 

Make sure you’re not overpaying on a “lease-option” style deal.🔹 Step 5: Quick Math on ScenariosScenarioGross RentExpensesNOICash FlowCurrent Rents$1,725$2,100–$375/moNegativeRents Raised to $600 avg$2,400$2,100+$300/moModest PositiveRents Raised to $750 avg$3,000$2,100✅ Bottom LineAs-is → deal loses money every month.If rents can be raised to market ($600–750+ per unit) → deal could become very profitable.But to get there, you’d likely need to turn over some tenants, renovate, and risk vacancies.The financing terms ($1,600/mo for 30 months) are aggressive — you’re effectively paying the seller quickly, which creates upfront negative cash flow risk.📌 My advice:Get those CMAs and rent comps confirmed.Have an inspector walk the property — don’t assume long-term tenants = well-maintained.Negotiate seller terms — maybe lower the monthly to cover expenses until rents are raised.I love this thanks you so much.

The closings are starting domino style this week and I'll have a closing for the next 3 months. 

Some of your questions are going to vary by manager, management style, neighborhood, school district, etc. 

@Jorge Vazquez  I don't know what is in style now but I can say please keep in mind your cabinets and floors.

Just hoping someone could give me some advice. Since I started learning more about real-estate investing for financial freedom, I have tried not to talk about it with my very close friends and family that don't want t...

Most of the horror stories come from trying to run low-priced homes with the same assumptions, rehab plans, and operating style used in higher-priced rentals.

Been a landlord and investor in Florida for over 25 years now, and here’s what blows my mind — I’ve never once had an insurance claim come anywhere close to the “full replacement value” I’m supposedly paying for.We’ve had roof leaks, fallen trees, a kitchen fire (caused by a tenant trying to dry clothes in the oven — long story), and even one hurricane claim that dragged out for months.

We want to create an affordable SRO-style housing product with common facilities and meal plans included in monthly charges.