I read the Rich Dad Poor Dad book about 6-8 month ago, that has set my Ambition on FIRE.

My goal is to create enough cash flow through rentals to leave my traditional job behind and focus on real estate full time. 

Currently pre-approved for a traditional mortgage (FHA pre-approval planned) and have a good idea of what I'm looking for.

@Percy N. thank you for the info@Rich Ferradino I just to confirm I understand it correctly.

@Chris Cozzens FHA loan is like a regular mortgage except you are only putting down 3.5% instead of the traditional 20% down payment.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

.$25,000 Down Payment$25,000 traditional mortgageThis makes up the purchase of the home for $50,000$15,000 plus a couple of months for repairs to get it ready to rent.Refinance the house leaving $25,000 of equity in the home and taking a mortgage for $75,000 from a third party financer and not a traditional mortgage.

There are more traditional capital invest calculations like NPV and IRR.  

Real estate investment is not a get rich quick game and it's not a race.

Rich Man Poor Man and E-Myth are highly recommended on BP Podcast.