I have been told to get into commercial real estate, so what do I need to do to get a property or multiple properties to get this range of income?

For those of you who have multiple units, I assume you do not do the cleaning work yourself and you always hire people to do that.

The obvious are significant others over for multiple nights, but what about some others?

I love the team that I have in place, which is a major factor keeping my focus in the same geographical area.Going forward, I'd like to explore multifamily rentals and maybe expand to a second market such as North Florida or Central Arizona.I'd also like to get more involved in the real estate investing community in general and attend some meetings at a local REIA.I'd love to share any of my experiences if it helps someone.I look forward to being more involved as a member of the Bigger Pockets community. 

House flipping generally involves rehab, whereas speculating is just straight buy and resell.What is different now is the down payment requirements for buying second, third, fourth homes.

Maybe less competition with a little more work involved.

You can have multiple FHA backed loans, however you must always live up to the conditions of the loan. 

Most banks will not use rental income from an executed lease involving a family member...but again, that is only if you are refinancing.Feel free to ask more questions if you need.  

Mostly when I buy multiple properties at once, somebody tries to pull stuff on us.

I've been involved in the Indianapolis and Kansas City markets, which are two very affordable markets, but I can tell you that nothing in an area that you would want to invest is only $40K, especially with the surge in pricing that those markets have undergone the last few years.