I'm focused, ambitious and driven to accumulate more and more units.

NYC investing requires more patience and you must have the perspective of an asset accumulator vs. a clipper of coupon. 

He’s put in tile and LVP floors so no carpet to clean or replace, the bathroom lights are wired with automatic fan turn-on which prevents moisture accumulation resulting in mold, etc.  

If they are still due, you will receive a credit from the seller for the 2014 taxes, but you will also show a debit for the payment to the county.  2015 taxes are accumulating day by day, and you will also receive a credit from the seller for 1/1/2015 to the date of closing.  

1 - Accumulated savings over time.2 - Refinancing an existing property.3 - Partners.4 - Starting out using strategies that involve very little cash...such as Sandwich Lease Options.

So for that reason, I want to begin building my real estate portfolio so when I am done playing, I will have accumulated enough rentals that create the cashflow that will surpass my financial freedom number and  I will not be forced to shift right into the work force when my career is over.

Generally I have seen this in couples where there are several properties to manage so that the "Unemployed" member can reasonably accumulate enough time to meet the requirement.  

@Brandon Hall, I just had a CPA/tax attorney tell me that for Section 1250 property (real estate) that was amortized straight line (as essentially all investment real estate has been for many years), the accumulated depreciation is not characterized as "recapture income" at time of sale, but as "capital gains" with a special rate (up to 25% vs 15% cap gains rate).  

I do plan on accumulating more rental properties in the future if these are successful so I’d like to get a handle on this now, especially since it will take me 10 years to pay off my student loans through the PSLF program.

Especially as your kids grow and they have kids you can take trips and enjoy the wealth you've accumulated.