With a purchase price of $250k, your rent is WAY too low!

In my area specifically most investment type property listings are properties that were purchased 1 to 2 years ago.

In short: $4.25M Purchase Price. 15% down. 3.25% with seven years remaining. 

Purchase price: $252,000 Cash invested: $63,600First buy and hold.

There are other submarkets of Columbus like upper Arlington that have higher like $500 per square foot but the purchases are tear downs at $200 per square foot so the real exit is $300 or so.

Someone who can't save up for a new purchase every year but still has a lot of desire for growth in their area of expertise.

Curious thoughts on the following scenario.Current SFR with $51k loan at 8.125%, just purchased with around 10% built-in equity on the property, $250 monthly cashflow (post expenses).

That was the only production schedule I was given even though I specifically earmarked the buildings I was purchasing in the project.

I guess the idea is to use the equity from one property to purchase the second property, and so on.

Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.