100K after 5 years became about 230K. 30K of passive income that was essentially tax free because of the offset from the depreciation of the property and the assets within the property that depreciate at a significantly faster rate than the rental property.
And then with all the improvements made to the property and the increase in rent that the substantial improvement could garner, selling the revamped property nets roughly double the initial investment, which if put into a new property within 90 days also incurs no tax for the transaction.
But I am also not even accounting for investing any of that income. Just with the roughly doubling every roughly 5 years, 100K in ownership stake can become 1.6M after 25 years. I started with 100K and already had a property that sold, and then did it again, and it's currently invested as a roughly $400K stake 11 years after I started with a yearly income of around 24K on the 3rd property that I am now invested in and so far things seem on track as normal.