Adam,I am a realtor in Reno Nevada who is a big advocate of self education, coupled with the right team, and possibly a mentor, you can succeed faster within this business.

I would be excited to hear how someone with limited cash/creidt, no hard money, and no private money, no partnerships were able to scale much faster than your plan. 

@Federico Peralta  You're definitely paying off the home faster by sending in the extra principal payment. 

The lot still needs a septic/water well/electricity/containers but will hopefully get the ball rolling faster once I sell the tiny house I built.

If you want to go bigger faster I would look at partnering with experienced GP’s on larger deals.Most GP’s will look for partners who can:Source good dealsHelp Raise capitalOr both GOOD LUCK!

Do you want to be able to do better/faster/cleaner analysis?

Rent prices are being driven up faster than wages are increasing.

Rent is “projected” at 1460, but I’m planning on 1250 to get them rented faster.

.- some tenants will not honor the lease and won't keep up with the lawn or snow removal- slower ability to scale: it'll take a lot more doors with singles vs. multis to reach your number of units or cashflow in mind- value is dependent on the real estate market vs. current income being generated- you can only get loans for up to 10 houses, sometimes less with certain lenders, before having to switch gears and find other ways to financeSingle Fam - Pros- most leases are set up for the tenant to mow the lawn and do removal- the appreciation is usually decent if you buy in the right area- usually more affordable for investors who are just starting out- easier to sell if necessary- easier to analyze the property and run the numbers for the newbie (comps, expenses, expected rent, etc)Multis - Cons- harder to sell if necessary - mostly only investors will be interested in buying the property- you'll have to be sure to budget for lawn care and snow removal (can also be a pro and not con tho)- if it's more than 5 units, most typical lenders will not be able to help you and you'll have to look to commercial or other means- it may take longer to run the numbers when analyzing the property because it depends on the generated income, talking to the right people to get an idea of what it could rent for if certain repairs/rehabs are made, knowing if/how to lower some of the expenses, etc - this is again why it's important to have knowledge on multis and/or a good team to help you with this, which is why it's not always newbie-friendlyMultis - Pros- if a tenant leaves, you still have at least one other tenant still paying some or all of the expenses- the value of the property is tied to the income it's generating, and not the current real estate market, aka YOU have the control over the value of the property, not the market- you have more than one unit under one roof generating cash flow, and therefore the ability to scale faster- commercial loans, in terms of paperwork, are easier to obtainTruly tho, one can't say that multis or singles are always better in ANY given area.

If I BRRR a deal it’s going to be to get into a 30 year fixed mortgage, but it would probably be faster to build your portfolio with a community bank that believes in you and your plan.