Eventually when you have more than five properties you will have to put them on a portfolio loan and FHA does not do this.We have lenders that will set up folks with exposure limits are pretty much a line of credit and then as you do fixing flips and you like what you have you can throw them over the fence into a 30 year amortization bucket so you only have one payment on your portfolio

Eventually, I would like to have a substantial RE portfolio specializing in small to medium size apartments in urban areas and more specifically surrounding prominent universities. 

Those who are good, stick around and are interested will eventually move up to being salesman in my company strictly commission at 25% per deal.

This way I could make money and help people as I learned- while eventually gathering the skills, contacts and resources I need to become an investor and achieve financial freedom. 

@Sundiata JacksonYou are going to need to save at least $1800 ($150/mont) a year just to deal with the eventual roof replacement, water heater repairs and furnace maintenance.  

I am interested in wholesaling, buying and leasing and eventually flipping. 

My goal is to eventually have $1 million in passive income per year.What are your thoughts on this strategy and what set backs do you see my encountering along the way?

My family recently moved to the Jacksonville FL area, and I'm looking to start a part-time business in real estate investing that will eventually lead into a full-time career change.

I had roommates paying the rent and I eventually refinanced to get the mortgage to $700 and I get $1400 a month rent on that one. 

Response rates aren't that high so you need a large sample size.2) Don't forget most people don't hear results until the 3rd-5th mailings so you need to stick to it3) Unless you're super small, you'll need software eventually or you'll ineffectively spend your time writing each letter individually, stamping, and mailing.