I work hard just getting in and have become very good at raising the remaining cash needed to close.I would start hanging out at "owner clubs, and wealth managment meetings" where wealthy older couples that own mutifamily units do.  

You do not need 500 properties to become wealthy with brrrr.

And I have a wealthy friend I could potentially partner with or get funding from, maybe.

I live in the Albuquerque area, and I want to dive in, but I am not wealthy, but have a lot of home maintenance knowledge and experience.

You have to be able to sleep at nightThat being said, one of the ways to create wealth is to control as many properties with as little as your own capital.  

Account Closed  I think the way to build long term wealth is to buy and hold.  

I'll second what @Bryan Hancock said.The suburbs around Austin are exploding, try looking at Round Rock, Cedar Park, Leander, Buda, Kyle, Bastrop, etc. if you're wanting to cash flow better.In a few years, I see Austin becoming more of a DINK (Double Income No Kids) type city; with the exception of the bigger wealthy families coming from other parts of the country.

It's as if the board is trying to go after those that appear to be wealthy, such as myself and several others that rent.

Since it's expensive, you will find very wealthy people going there.)

I'd Find/Buy/Fix(or NOT Fix)/SellOwnFin/TurnOverNote to MoneyPartner for a fee.You see, my wealthy money partners simply hated selling notes at a discount for Cash.