Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???

[Rj J.]

Hey BP'ers,

I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.

I would love to create a strategy of buying rental unit(s) (2, 3, or 4 family homes) and using the cashflow to pay down the mortgage so that at some point in time the property is paid off. What do you think of this strategy? Is it realistic?

I would love to hear if anyone has incorporated the Dave Ramsey philosophy to their life while investing in real estate.

Thank you!!!