My currant goal is to a accumulate 10 SFRs, and then reassess.I'm trying to figure out the best way to get there. 

Taking this year to accumulate my knowledge (with books, podcasts, this forum...) and also increase my investing funds.After doing a bit of research, the province of Quebec offers some good pricing.

As you accumulate properties your financing options grow: LOC, HELOC, 401K Loan, cashout refi, partnerships.

Was it from accumulated self-study or did you see the exact structure somewhere and replicated it?

People who might normally qualify for the EITC should keep in mind that as they accumulate passive rental (or other investment) income they risk losing the credit.

Don't get in over you head borrowing but if you are in accumulation mode like I am and was... then plan accordingly.Frank

They won by accumulating hotels in an area.

So in my mind, the goal should be accumulate $1M to $2M in equity in capital to generate that $120,000 a year income. 

This is the total cash you need to accumulate.The next step is developing a plan to accumulate that cash. 

We had a great system set up with a killer real estate agent, awesome GC that never did us wrong, and we knew how to pick, design, and finish out a house in distress.Six years later we have closed our restaurant, lost most of the capital we had accumulated and went our separate ways.