Take a hint from mortgages, it is usually stretch out for 30 years.

Acquire $150M in apartment buildings and $150M in hotels or total of $300M in acquisitions.We did about $100M last year so we need to 3X it :)(Not quite the 10X that @Grant Cardone preaches...but stretching enough)

I know in San Diego in my life it has never not experienced appreciation over the long term; The GR took ~10 years for full recovery in San Diego and that is the longest stretch in at least 60 years.I have purchased twice near top of market in San Diego. 

I think the definition of "mentally ill" has been stretched beyond functionality.

EXACTLY  owning my personal residences over the years is by far the best thing I ever did.. and it was always a stretch to buy one.. but at least us folks in the Bay area and nice areas of Portland. the amount of appreciation I have received by just living someplace would equal a 100 rentals or more.. with no more work than hiring someone to mow my lawn and a house keeper to keep it clean  LOL.. my wife and I are busy real estate folks no time for that stuff.. in other areas I think were housing is so cheap same thing applies buying is cheaper than renting in many areas.. and lastly like many have said I don't want to be told what to do..

I'll do at least two of them this year, with a stretch goal of four.

Better to start when you have a good foundation than rushing into it and stretching yourself unnecessarily thin.

& Birmingham, Alabama you may want to check out but full disclosure, I am not an expert in those markets by any stretch.

There are PLENTY of solid applicants with good credit who can't come up with $4000 without some stretching.

Below, I attempt to walk through the logic of How & Why (this is my approach - keep in mind with math you do not have to use the same order to get the same result - BRRRR is about a result, "the REPEAT result."1) I start with the rent I can get without stretching, let's say it is $1,000 for a SFR