It also gives you the ability to scale and grow if you can continue to use your $800k as working capital to buy, fix up and refinance your way to a small empire. 

He has a substantial RE empire...

You can also read a few books on the topic:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

Hey folks,
I have an old Craftsman house in Riverside, CA that needs the roof shingles replacing - at least the back half of the roof; the front half still looks pretty good to me. I've had some ridiculous quotes, mo...

Meaning, if this is a first house, it doesn't seem like a bad deal to get your feet wet and start the momentum train towards your real estate empire, assuming buy and hold and rent is your strategy.I'm looking for my first house, and that's the best cash flow I've seen for the deals that I've analyzed.  

They do not want to have society as a whole build an investor an empire.

Hey There BP world~I am newbie, female investor looking to learn, grow and seek out advice from experts to grow my empire!

Hey There BP world~I am newbie, female investor looking to learn, grow and seek out advice from experts to grow my empire!

My former boss when I first started talking about real estate would often stop by my desk and ask my how my "empire" was going and often asked for advice about what neighborhoods to look for his own properties in. 

Here are a few books to add to your list:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!