I asked him if he invested, and he said he used to, and ended up on the bottom side of that, due to real estate volatility.He'd also never heard of Rich Dad Poor Dad, so again, I don't know if he will stay on my "team" but what he is great at doing, is faithfully culling MLS listings and sending me those, being available for any questions (except he hasn't answered my invite to take him to lunch today, yet) and sends me local area analysis of activity, sales, and any changes and numbers indicating growth here.  

That gives time for the cash flow to ramp, which is the thesis behind low cap rates—rent growth makes the income stream more valuable. 

Lake Nona is fantastic and the growth is tremdous and moving toward the Coast with the new area called Sunbridge.

It’s a triplex in a stable C+ neighborhood with potential for growth in Philadelphia asking $355,000.I’m told the rents are $850x2 and $1,000 for a total of $2,700/month. 2 tenets are already in place (both $850) and $1,000 unit is unoccupied.

At your age and being new to the industry, keep yourself open to doing any and every task that needs help with in exchange for the opportunity to shadow more experienced agents and learn from them.

I believe that having an out-of-state rental property is a great (if not the best) learning lesson for all because it forces you to find a team of people to do the small tasks involved in real estate.

But obviously cash (and deals) tend to limit the speed of this growth.

DFW is experiencing appreciation and growth yet remains reasonably priced when it comes to buying a home.

Industry (projected job and therefore population growth) for example is one thing some investors look at beyond the basic points of; 1.

Personal DTI used to be the the constraint to rental portfolio growth.