Pipelining

[David Diner]

I'm sure this has been covered somewhere before but...

Is there a concept of pipelining when it comes to real estate investment...??? The idea behind pipelining is that even though there may be a long latency (the time between when you start a task and finish) there can be a high throughput (several tasks are running in parallel).

I guess my idea is that let's say it takes a property 10 years to start paying significant profits. Would it be possible to acquire one such property ever year, such that after 10 years, every subsequent year sees much more profit. Is something along these lines a viable strategy?

My intuition is telling me that it depends on how any cash generated is reinvested, but I'd like to know what more experienced members of the community think.