I am going to master wholesaling properties then work my way into flipping houses and accumulating rental properties along the way.

These take place when counties auction off the tax liens that have accumulated due to unpaid property taxes.

If you can accumulate $900K over the next five years, you could easily produce over $100K in (taxable) income from being a hard money lender.

In many cases this can be as simple as taking the property will all of the contents and disposing of them for the seller (remember many heirs are from out of town/state) and the last thing they want to have to do is clean out a house that has 30 years of accumulated stuff.

Get a bank loan on it if you can so you can accumulate a few more.

Very cool that you've been able to accumulate so many properties over the years.

We used the money we received toward the purchase of our current home, and to pay off some unnecessary debt we had accumulated. it honestly hadn't dawned on me that we flipped that house.

Reducing this time would allow us to accumulate more properties at much faster rate.

Remember that your total ROI will be the cumulative sum of your pay-down equity, accumulated market appreciation, forced equity (improvement) and accumulated cash flow.

Once I have a better grasp on the process though, it sounds like you are advising BRRR for long term wealth accumulation, is that right?