If you are seeking out asset accumulation and equity appreciation over the long term then there are certainly fortunes to be made.

It allowed me to accumulate many in a couple years it was also a benefit to buy most of them for under 10k .

if not, what skills.. what knowledge do you need to accumulate to earn the money, the respect or whatever it is that you’re after

With regards to financing however, I would recommend you take advantage of various programs which allow for lower down payments (accumulate more holdings) and/or lower interest rates (providing higher cash flows) and then selectively transferring properties to LLC (where possible) or refinancing and doing so. 

I have accumulated some pretty good sub-contractors over the years (painters, plumbers, electricians, dry-wall), but have been struggling with GCs for permit pulling (when needed) or carpenters for small unit turnover projects, large building renovations, or even small isolated exterior fixes.

It had been ransacked by burglars in the 2 years since he went in a senior home so there was nothing of obvious value.I found a thrift store owner that cleared it for free; he brought big bins and I supplied garbage bags.House had a large enclosed porch to accumulate the bags and matresses etc.

When you accumulate that many loans, most lenders, not all, don't really understand what your doing, things get more complicated.  

That means your cash flow would have to accumulate equal to the cost of the garage before you could consider your property positive cash flow again.Get a price on the cost of putting that garage up, figure out how much (if) you can raise the rent because of the garage, and see how long it would take the new cash flow to equal (return your cost to you) what you paid for that garage....and, since this is a duplex, you have two tenants. 

Hi Guyshere's the deal,owner has a 12 unit he is looking to sale, has accumulated a lot of equity. he wants to avoid capital gains & deprecation recapture by exchanging the property to another suitable property that could match that income, understandable but may take a long time to do.owner financing is not an option here.I suggested master-lease with option to purchase, min 2 years until he finds a suitable replacement, i pay an option fee & monthly lease payment.This way he avoids deprecation recap & capital gains as there was no actual sale.any insights?

This project was made possible by leveraging what had accumulated in the 401k and reinvesting almost everything that we made on the prior real estate deals.