Please help me formulate a specific plan that will get me there.For example, I could obtain $100,000 by owning 20 units that each provide $5k in cash flow each year ($417 per month). 

Always looking to learn and obtain knowledge in every aspect of Real Estate !

Looking for Advice/Guidance on obtaining Foreclosures in the San Antonio, Tx area.

The tenant cannot remove additions, improvements, or alterations made to the premises (even if the Landlords permission to install said additions, improvements, or alterations was not obtained) and the landlord does not have to pay for any additions, improvements, or alterations made by the tenant.

Problem is that i don't have $2.75M laying around (yet :-) ) so I will need to obtain it another way.So Im looking at this and saying that even if i had ~$3M it wouldnt make sense to do this deal as the cash on cash isnt justified. 

Hard money lenders base their loan more on the Hard Asset then on your credit.

Do you have interest in purchasing larger assets like apartments, commercial strip centers, etc? 

Hi Mike, best of luck to you on obtaining your VA license, in fact I was licensed in VA for 10 years but let it expire.

Some states (jurisdictions) restrict the amount of security deposit you can obtain.

But rather than a third party grabbing the house at a discount, the borrower can, and must obtain the funds and show they are on the borrowers account, and then the mortgage is simply settled.