“Only those who dare to fail greatly can ever achieve greatly.” - Robert F.

Your example is true and I believe you have your answer, but I don't think anyone addressed your situation and what the leveraged strategy actually looks like.Instead of buying one 60k house, you buy 5 at 20% down, which would really be more like a 70k HEL.If you cash flow $300 a month on each house which seems very achievable over a 10 year period with your numbers, you're looking at 18k a year.  

My number one reason to getting on BP is to network and learn a straight path to what I want to achieve so I dont have to make a lot of costly mistakes.

I would imagine if you were buying a fixer upper at a discount, or something that needed some TLC in this price range, a 10% appreciation after your repairs wouldn't be too difficult to achieve.

The key to creative financing is to understand how a conventional deal works, then to modify the various component parts in unconventional ways to achieve the desired results.

That is the goal I've set for myself and hopefully with BP's vast amount of information and helpful members will help me get achieve this goal of mine. 

I'm fired up to be a part of this site, share in discussions, and contribute some valuable information that can help you achieve your financial goals through Real Estate. 

I would network with people who are already doing what you would like to achieve in your market.

I personally wouldn't lend money out to others at this point until you have your desired monthly income reached for what you want to achieve. 

So, keeping LOs and MLOs under 36 months doesn't achieve your stated goal.