Anyone start out buying a LOT of properties?

[Katrina P.]

I am not brand new to REI...bought a property in 2005. Well, until this year, I haven't thought seriously about more REI...bought second in September from an auction...didn't get deed until Nov, so it's still not completely rehabbed, but will be by Jan. But before the end of the year, we will close on 4 more properties...3 rentals and 1 flipper. The rentals are all in Michigan (where we're from) and were all cheaply priced. We're getting all 4 for under Half of what I paid for the one property we already have there...to be specific, we're getting all 4 for $24k. Anyways, 2 of them only require very minimal work....less than $1k....all are in decent neighborhoods. This is very exciting, but nerve-wrecking at the same time. Has anyone else started out like this...I mean, DIVING in because there's so many great deals?