@John Lasheri agree with you, you'd be surprised at how many people listen to Grant Cardone though, and decide that they're going to go buy a 100 unit with 'OPM' as their first deal and quit their job.i think buying something of that size with a few partners is a perfectly good goal. 

Focus on getting the first one and try to buy one a year. 

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Kwanza P.Leveraged means using a loan (leverage) to buy the asset. 

Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

Steven, I wanted to get your thoughts on a few Philadelphia suburbs based on my buy box.

Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

Now if you are seasoned and portfolio is mature and you are not as concern about maximizing income then I can see a migration to SFH might suit someone.