you're building equity.2. good appreciation and high cash flow - well, we'd all love that! 

Now I'm venturing off on my own in search of building up my own investment portfolio.

He then sold the lots cheap to homebuyers, negotiated with a lender to provide mortgage financing, and teamed with a builder who would build simple, inexpensive homes.

But it is still here to stay and it on top of everyone's remodel or new-build floorplan list.

Staggering the compensation is a great way to build urgency. $10k if you move out in 7 days, $7k if you move out in 2 weeks, etc.

I’ve started off with buying equity in a new build that cash flows as a mid term rental.

So I suppose there are 3 routes, you can reach out directly to suppliers to try to build a relationship, use a service like Minoan, or join a buyers group and just reap discounts.

From what I understand, it can be a lucrative way to build wealth over time.

We have our own personal home, but are interested in the idea of having some rental properties to generate additional income and build wealth. 

Unless you plan to pair it with a construction division or can build out a brokerage and the property management is utilized to bring in and/or retain business, it's not a great business to be in if you plan to manage 3rd party assets.