I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?

It continues to rise in value.

Continue on down the line with people you know from other organizations/groups that you meet up with (e.g. church, etc.).

Hope everything continues to go well moving forward.  

It really is about which one has better features for your use .

If we are profitable the first year they will add another million, and this will continue year after year.

But of course I am structuring my T1 and T776 in such a way as to minimize taxes.So how would I continue to grow, get good bank rates, and still have a tax return that shows lots of expenses, to keep from paying a lot of income tax?

Finished houses continued to sell at a premium.

I would have skipped the rock wall, water feature, combo W/D and trimmed the counter on the peninsula.  

You'll also need to attend continuing education classes to maintain your license.