Hi Dan,
Seriously this is my last post for the night; this site is addictive.
I met a guy last week at a meeting (green like me) and he told me what he wanted to make in real estate for the upcoming year. It's a very ambitious goal and I like his courage. It's not impossible. He is 20 years old and he reminded me of myself at that age. I did wonder whether his goals were based on anything besides dreams.
Sometimes people have lofty ideas and dreams and that's not necessarily a bad thing but when you can not back them up with something else then you can end up very discouraged when your dream is not realized.
I am all for having dreams and goals but it is important for me to base them in reality at the moment. So I would set my goals using the same parameters that you do.
What's my local market doing? Do I have enough capital to get in and how will I get in? What's my exit strategy? If I set a goal to buy 5-10 properties, can I actually do it and if so, how?
Like I said I'm green so I have a lot more to figure out.