Of course, this style of investing requires a lot of patience because if I can't find a deal, I simply will not purchase anything and let the money accumulate until I find something.

IF one finds interest and joy in the accumulation of self-storage, then it makes the journey more fun and interesting.

Then we usually just let the cash flow accumulate in the account for as long as possible.

How many other people have accumulated rentals buy living in them for a short period then moving to the next one?

Over the past year or so, I've been educating myself on a few strategies to enter the real estate investing world with - and in parallel, working on saving and accumulating capital.

If you are seeking out asset accumulation and equity appreciation over the long term then there are certainly fortunes to be made in New York.Let me know if you would like to chat further. 

How long would it take to accumulate the $15K in cash in your job?

It is also much easier with buy and hold to accumulate wealth than it is with flips. 

Of course at some point in the game, you are going to stop investing in new properties, so my advice is to sit down, analyse the NUMBER of properties you want to determine exactly how much net worth you want to accumulate. 

If not more than one person...College is usually more about accumulating debt that enough savings to use as a down-payment for a home or for a flip!