But I don't want to take a break!

[Pete Woelfel]

Hi Everyone,

I'm fairly new to posting here but have listened to dozens of podcasts and read many articles. In a nutshell my REI experience is this:

I was an accidental landlord of a duplex for years after buying it as my first house before I was married with kids. Once I moved out, other family moved in. They paid the bills but I didn't make much/anything other than paying down a bit of principal. About a year ago the last of my family moved out as I was becoming interested in REI and discovering BP. Since then, I took about 15k in savings and did a cash-out refi on my duplex for ~ another 15k. I've used that 30k to get into two SFR by partnering up with @MichaelRFox with the help @Marcus Auerbach

The duplex and SFRs all cash flow well, but I'm just starting the process of saving and I'm now out of personal cash for a bit. I have a full time job, a full time family, my own (older) house to take care of and I'm managing 4 doors (though they are pretty turnkey and don't require much time with the exception of turnovers). So one thing I need to keep in mind as I expand is keeping things as passive as possible.  

One reason I was slow to get into REI in the first place was the concern over having enough cash to get started. Since I've started doing this and have talked to people about it, I've run across quite a few people that have expressed interest. None of them are that magical money guy that some people have stories of running into with seemingly unlimited cash. They're all people with a little bit. Lots of people have 10k, some have 50k. Maybe there's one or two with 100k.

I suspect that based upon cash flow from the current properties, it would take at least 1 yr to have the capital to get into another turnkey SFH. 1 year seems like a really long time to wait. I'm motivated and excited about this journey. I don't want to expose my family to unnecessary risk/leverage, but I also want to build on the momentum.

I would be very grateful to hear the thoughts of this community on how to stay on the gas and not hit the breaks for at least a year and risk losing any momentum. If I involved some of those other people's money, how do I even begin to structure a deal like that? Am I being too aggressive and should I take the break for a year? What can I do in the meantime to feel like I'm continuing to progress?

Any thoughts would be very much appreciated!