I have no fear of running the numbers, building a team, investing, repositioning, refinancing, selling or holding larger properties.

The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...

Depending on the costs and a build to rent approach could work if you'd be willing to hold the properties as rentals. 

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.

Exit Strategy:Every deal should have an exit strategy, whether that’s selling the property for a profit after appreciating in value, refinancing, or holding onto the property for long-term rental income.Connecting with Experienced Investors:It’s awesome that you’re looking to connect with others on this journey!

Sounds like you have thought out a lot of this, but maybe also hold a competition with a cash prize at your closest architectural and design school.Can you build it cheaper than someone like this?  

However, if you already own a note secured by a vacant property, AHP Servicing and Activist Legal can help you execute the preREO strategy on the note(s) you already hold and want to keep.

And they execute their investment strategy/model (develop, resell, hold, etc.) effectively to generate a return and/or equity and make a living.

Hi Julia,Do you think the concepts from the BiggerPockets book The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing is outdated? 

This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds