Or do you simply start pitching your deal to investors and accumulate the funds needed to purchase the property?

the Underwriter will ask this question to make sure you're not accumulating investment properties through initial OO interest rates. 3) Lastly, if the property is within the same neighborhood or nearby your current residence, you will asked by the Underwriter to justify that the additional purchase is the same area is not an investment property, this one is easy, just make sure you're either buying a larger property and say your family is growing, or if you're buying a smaller property than what you currently live in just say you're downsizing to a smaller home and they'll be satisfied with either answer.

The cashflow it's self will produce more than adequate returns and by the time the true bloodbathe comes for stocks or real estate I'll have enough accumulated up to scoop up a couple rentals.

I became an accidental investor through renting out my home when I moved and when the rent checks came in, it was a great feeling to see equity accumulating with someone else paying.  

Playing it out, we retire, start taking distributions from the IRA, the property is paid off (or not), and all the income that's been accumulating over the years is sitting there -- still accumulating from rents coming in.  

Rather, your wealth accumulation can come about by buying under market to begin with, in areas that should keep improving in value, and which are then 100% paid off by your tenants!

I would then put it back into service when the property is again used as a rental.example.1/1/2017 - 3/31/2017 used as a rental4/1/2017 - 6/30/2017 used as a personal residence7/1/2017 - 12/31/2017 used as a rentalCalculate depreciation from 1/1/2017 through 3/31/2017 and have the software calculate depreciation.Retire the asset from 4/1/2017 through 6/30/2017Then put the asset back into service from 7/1/2017 and 12/31/2017.It is important to put the accumulated depreciation back into the asset because this is your adjusted basis when you plan to sell the future again.Converting the property to personal and back to rental does not reset your basis.

I am currently a college student finishing up my undergraduate degree in May, which means that I have accumulated significant amount of loan debt.

I am currently a college student finishing up my undergraduate degree in May, which means that I have accumulated significant amount of loan debt.

I'm a full time landlord now with three properties, and I've managed to accumulate $100K through short term rentals, long term tenants, and a bit of cryptocurrency on the side.