It's all about sustainable, long-term wealth, not "get rich quick."

When prices are low, more people can afford to purchase and fewer people rent leading to static or declining rents.The city requirement for rising prices and rents can be summarized as follows:Significant and sustained population growth.

Congrats on your success and on actually defining your endpoint; most investors never do.When I started back in 2011 at 49, I assumed I’d eventually retire and live off the rental income.

The focus is on building long-term value through the creation of notes and cash-flowing assets, not short-term flips or traditional rentals.I structure deals that support sustainable homeownership and income generation, often without banks.

Otherwise, it just isn't sustainable unless you have other assets backing it up.

Typically you need 40 or more to have enough money and work to hire a full time PM and part time maintenance person.A few meetings you might want to attend to hear about some failures and successes of investing in MF coming up. 

However, if you desire to build a sustainable business model you must factor in all your costs.

As a rule of thumb, it costs several $1000s a year to sustain as a realtor with the membership, lockbox, mls subscription, desk fees.

It turned out to be a great success — but it came with its fair share of challenges.When some of our partners fell short on both funding and operations, I ended up stepping in to handle the majority myself.

And sustained operations.