The owner eventually decided to evict over the accumulated amount of the rent due because the tenant would not clean up his nonsense behaviors.  

Rapid accumulation - I had multiple brokers and banks turn me down for loans due to how quickly I acquired the mortgages.

If so insurance should cover you until you accumulate something. 

It has now accumulated 2-yrs (almost 3) years of property tax arrears.  

Still accumulation, processing and digesting.

I have spent the last 30 years in Corporate Management and have decided to do something different utilizing the business acumen I have accumulated (hopefully!) 

Will the appreciation accumulated over the next few years allow me to rent higher and exceed my expenses when I move out? 

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

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.

If your end goal is to be more passive then yes finding ways to accumulate capital to invest passively is the way you should go.