Hello @Filipe Pereira, thanks for the advice, I anticipate this pursuit being difficult but am confident my partner and I will succeed.

Hello all,I am a new member from Northern Indiana getting into buy and hold investing in pursuit of financial freedom. 

Hope for success in your pursuits!

Lose the house and it becomes an REO.I have a few questions: How realistic is this goal and what should I be aware of in it’s pursuit?

I always try to find ways to build wealth and financial freedom in the pursuit of my American dream and real estate investing was always on my radar.

Now, I don't want to downplay the role of your personal 'why' - however, in every potential transaction you take part on from this day forward, the 'why' you should concern yourself most with is that of the sellers.As we learn more and more about artful tactics to employ in our impassioned pursuit of the next investment, we must never underestimate the power of truly understanding WHY the seller is selling.

Do I need the pursuit to stay motivated? 

Though I'm just in the education phase of my pursuit of REI, I'm really excited for what the further holds.

You're essentially saying it's someone who could afford to acquire or achieve all of their goals.The only way to achieve this is that your pursuits are so limited that you can afford to buy them.The mind and the adventures you mind may want to pursue are infinite.Does one want to buy a Maserati if one doesn't know it exists? 

Consumption of material things measures fairly low on the happiness scale - especially if done in isolation, without friends or family.For this reason, it makes sense to sacrifice needless consumption (call it frugality if you must) in order to create a passive income stream as quickly as possible, which should have the primary purpose of freeing up our time in order to devote more of it to the primary pursuit of good, healthy, relationships - and freeing up our minds so that we can be emotionally "present" when around those we love.