Owning these was a low cost education and I'll continue holding as long as the numbers make sense, but I can't imagine the headaches that are compounded by owning multis or even complexes the size you're describing in that asset class.

My strategy, while not cosmic in nature, is to compound my initial investment. 

Nothing about budgets, compounding interest, assets, etc.

The assets should also double in price... the means a 8x-10x return on equity over 30 years (2.5% compounded annually) from a leveraged position.

This is a major negative cash flow property long term compounded by the higher risk and cost of welfare tenants.

You lose the compounding interest effect of the money borrowed over time.3.

Retirement plans typically grow tax-free, so theoretically the money can compound more quickly.

One is they know for a fact one of the 800 or so hazardous compounds do indeed exist on the property, perhaps lead paint, lead in the pipes (solder), asbestos in the ceiling, tile, or insulation, etc.

Keim 12) The Compound Effect - Darren Hardy 13) 6 Steps to 7 Figures - RE Professional's Guide to Building Wealth and Creating Your Own Destiny - Pat Hiban 14) 21 Things I wish my broker had told me - Frank Cook 15) Buy and Hold Forever - David Schumacher 16) Success is not an accident - Tommy Newberry17) The Upside of Adversity - Rising from the Pit to Greatness : Christian author Os Hillman.

Starting early is the key to success in this because of the time value of money, and compounding interest.If your company doesnt offer a 401k, you can still get a tax break for investing in a personal IRA.