He suggested my goals are too low, encouraging me to aim higher given my age, being single, and having the time to learn and accumulate wealth.

I plan to begin my process using capital accumulated through my engineering internship.

I have never seen an IRS audit because the IRS refigured your accumulated depreciation based on your original purchase.

Regardless of when we make the transition, I'd like to get the ball rolling with our investment properties as I'm beginning to understand the numerous avenues associated with real estate for long term wealth accumulation and financial freedom.I'm currently looking to buy small multifamily properties in the Midwest, specifically in or south of St.

My name is Butch and I plan to also jump in this real estate thing and accumulate some wealth.

Seems a lot of future buy-and-hold investors start off with wholesaling as a means to accumulate their capital reserve

Goals: do I want to accumulate more rental properties after this purchase?

@Richard Hadley, @Will FraserInfinite Banking has to do the strategic accumulation of capital using dividend-paying whole life insurance as the platform.

Or try and accumulate as many income producing rentals as possible?

However, you win in deflation if you own the properties free and clear.4) Own other hedges that some will do well in hyperinflation and others that will do well in deflation and diversify overseas.5) Have a real estate strategy of "cash accumulation" versus how many flips, rentals or development projects you can do.