yes, but it's much more difficult. you're just not going to cash flow after you refinance - you might even be slightly negative. 

I went into work the next day and asked to speak to the VP of Sales.

It is not really apples to apples, but generally speaking the more money invested the further ahead you will be eventually in the future, just because your compounding base is higher, regardless of where the money comes from - ie, 4 300k properties are 1.2 million on property, which is double the 600k property.

@Julie Doke: Industry specific software speaks to you and you can easily relate it to your day to day process.

I’ve heard him speak briefly about this on a podcast or two and am signed up to attend a webinar with them later this week.

I'd like to speak to another point also. 

Sometimes I wonder if people just feel better about themselves to spend all those nights and weekends on real estate when, realistically speaking, they would have earned just as good a return (or pretty close to it) by investing in a stock market index fund and had way more free time in life  I realize my premise here is antithetical to the whole notion of BiggerPockets so of course bigger pockets hates me writing this, as do all real estate agents and property managers, but it’s the truth and everyone needs to think about it

@Justin Goodrich I can speak for a lot of investors and say our biggest problems are out of our control. 

I would encourage you to speak with property management professionals and a property management attorney to get an idea of what procedures you should have.

I've uncovered some info only after speaking with other tenants.