My goal is to start slow and build a steady secondary income with the possibility of living solely off of the profit of investments.

Thank you @Darrin Carey  I hope I don't sound too slow but how exactly do I go about that?

It can pay off tremendously versus the slow and steady cashflow.My 1st property bought in 97 is now worth as a teardown 56 times my 25% down payment , based on an identical lot sold across the street.

This became an issue as he fell behind on deadline and I let him know that I would need to slow down the payout of the $17500 we had agreed to.

Flat spots yes, slow rent growth yes, but negative rents not in anyones known forecast longterm.

Slow and steady will get you there. 

REI is a long slow game, take sure steps and you will be successful, sometimes time is your only resource.

@Alan PedersonYou’ll have the last laugh when you see them at the bank withdrawing cash from your passive income stream.

This is my busy time of year so that’s slowed down a bit.However, I listened to episode 258 today, which coincidentally talks about this very thing.

Instead of buying fixing and flipping slow it down just a little.