Valid points all around but hey, what's the point in having goals if they're easily achievable, right? And if you're going to dream, dream big! I know I'm very new and know that as I learn new things, my goals and strategies will change. I'm giving myself a good amount of time to learn, make connections, find investors, build a team, and everything else that I will come across so that when the time is right, I can find the best possible opportunities for success. I have some vision in my head (which may not be based in the real world and change over time) a scenario where I sell my current house and use the equity to put a down payment on a smaller home or even rent for a short time, using the remainder of the equity along with some savings and if needed, family investors, to purchase a value add quad that I can reposition and roll into a 20 or 30+ unit property in the course of 18-24 months. Do this one more time to get to 60+ buy and hold units, with a goal of $100 per unit cashflow and boom, $6K per month before I turn 50 which would allow me to go fulltime into REI. From there just keep adding to my portfolio until I'm satisfied, whatever that means.
