Otherwise, I still agree with the small multifamily approach but please, please stay away from cheap properties in bad neighborhoods that seem like cash flow machines.  

Also the post office told me once I buy the stamp machine each stamp will only cost between .20-.25 cents.

After he lost that "cash machine" he lost a few other properties that were highly leveraged.

Hey Bob,You should check out CFRI.netOur next monthly General Meeting features Gene Guarino, President of the Residential Assisted Living Academy - Turn a single family home into a CASH FLOW Machine.

Are there laundry machines on the property?

The the one big flaw with capitalism is the big banks and Fed/ spending printing machine.

I own it outright and it's a cash flow machine even with a loan on it - It's worth around 70k and rents for $1,350. 

You will only make a small percentage of each sale....but youll have leads coming in quicker..and they will slot you into their machine and get you earning money quicker.

You're going to have to either establish a close circle of wholesalers who can feed you off-market deals at a reasonable price, or you'll need to establish a powerful marketing machine to find the deals yourself. 

I'm all for building a massive marketing machine.