Hey There @Jay Garrison - Sorry for my delay here, I've been a bit behind hopping on the forums.You received a pretty comprehensive answer from @Micah White, who happens to be a frequent cashflow breakfast club member!  

Every such owner must have 40 households of tenants.

A relatively poor city, the typical household in Bridgeport earns just $44,841 a year, and more than one in every five city residents live below the poverty line.

@Andrew Grimmett I tend to look at household income. 

This is why I have disdain for surveys; they do not produce accurate data.Unemployment Rate UnaffectedImportantly, these job revisions will not impact the unemployment rate, which is derived from a separate household survey…Cool… more surveys.

My household income is around 230k/ year.

Finally, to ensure your family benefits from your efforts, you'll want a comprehensive estate plan tied into all of this as well

They are very good and thorough on everything, they do comprehensive title search before insuring it.

Lastly, while birth rates are declining the # of pet households is increasing.   

Here are a few strategies that have helped me save aggressively and stay focused — some aren’t super popular but can really make a difference over time: • Live off one income (if you’re a dual-income household): This helps build financial discipline and forces you to keep lifestyle inflation in check. • Pause retirement contributions temporarily: It’s okay to hit pause while aggressively tackling high-interest debt — just make sure to come back to it once you’re on more stable ground. • Lower utility and internet costs: Run laundry/dishwasher during off-peak hours and consider switching to cheaper cell plans or even dropping data plans if you mostly use Wi-Fi. • Cancel or share streaming services: Sounds small, but even saving $30–50/month adds up fast when you’re hustling to build a runway.