How long until the next one?

[Jay Y.]

I'm a buy and hold investor, and nothing is as fun as closing the next property! Just curious, how long does it take you to save up for the next purchase? Also, what's the target price and speed of accumulation?

For myself, I'm currently focusing on SFH. My target acquisitions are between $80k to $120k or so. That's about $30k + closing ($5000?) for 25% downpayment on the high end.

I'd like to be able to acquire 3 per year. So, that requires $35k in savings every 4 months, or $8750/month. Not quite there yet, but I'm working on it. :)