The economy continues to grow whether it is at a slow or fast pace (fast at the moment).  

Hence the agent needs someone who has the cash so the agent can earn a slice of the deal.At some level forget the agent's agenda and focus on the deals.

Keep up the great pace you have going!

The Law of 72 also assumes a constant and uniform compounding, market fluctuations in RE are seldom at an even pace of appreciation in the market.

I'd probably still invest actively, but at a slower pace, only to the extent that I can keep it fun and low stress.

Its not like a retirement nest egg where people end up spending a portion of it every year and having to wonder if they're going to out-live it.As an investor with 30+ homes, my rental income will eventually reach the point, once the homes are all paid off, that I'll be making more money off the rentals than I'll need.So, while the big picture in using sfh's to get you to that lofty income goal (and 400k is pretty lofty) may seem a bit daunting, the fact is that sfh's are probably one of the few investment vehicles on the planet that us regular people can get into at a relatively low cost of entry (I'm picking up 140k houses for a total of 5 to 6k out of my pocket) that can truly generate the kind of life changing wealth most of us aspire to have.The key is picking a pace you can handle and working the deals.

I live in Brattleboro, Vermont not too far from you, and took a similar path to what you were discussing. bought a 3-unit property 2 years ago with a 3.5% down FHA loan. it's been great for learning how to be a landlord and learning how to do home repairs and renovations at my own pace.

"not depressed at all"), These areas will keep growing at 2x+ the pace of the rest of the country and they each have many newer homes priced far less than replacement costs.

He is now pushing selling vacant land and becoming a Pace Morby gator lender.

@Collin BornsEveryone has a different pace when it comes to riding the learning curve.