Unsure on the next steps in real estate

[Chris Trupiano]

Hello BP,

I'm looking to the community for a little advice on which direction to head in my real estate career. I'm a 19 year old college student with one deal completed, a single family home in Kansas City that is rent-to-own. 

Looking forward, my belief is that working up to large apartment building would be the end goal for the passive cashflow. My problem is the steps to get there. My current thought is to move away from using rent-to-own and acquire smaller, multi-unit properties to build up equity and cashflow then continue to pyramid up to larger properties. Again I'm unsure on the steps to complete this. I have thought about using a FHA loan to acquire a quad in my current college town of Lawrence, KS, and also try to find a local mentor to flip houses to get capital for down payments. Would either option be viable?

I'm looking to the BP community to ask, with the time I have starting out young, what path would you take to build up your portfolio and passive cashflow to not have to work the 9-5?