So far I've accumulated around 40K already so I'm excited to see where I'll be at by the end of month. 

Rehab tips I have accumulated over 15 years or BRRRR. 

Real estate will get you there, but it's likely going to take 5-10+ years of real sacrifice and accumulation of good assets.

Getting a property without a lot of competition and accumulating equity through monthly payments are two benefits of buying now.

And how much wealth would you need to accumulate to retire?

Set some objectives, like lowering your living costs, making money from rentals, or accumulating long-term wealth.

If you want to keep the property but reinvest the accumulated equity, that could be a wise choice.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.1031 Exchange 45-Day Identification Period ConsiderationThe identification period for the replacement property is 45 days.

Rinse, and repeat....or, you can wait around until you can accumulate enough cash for the next down payment. 

All it's doing is accumulating Interest only, at 9%.

A lot of posts accumulated in this thread suggesting landlords should provide excellent "service" for their "customer," should issue rent credits for broken appliances and be worried about their "reputation."