I was wondering if anyone would be willing to share their strategy for acquiring more buy and hold investment property.

I have been reading BiggerPockets for several years now but recently decided to jump in feet first.I am not a complete novice to Real Estate investing but I have a very long way to go in order to fulfill my dreams of giving my family the long term income and security they deserve.I firmly believe that Real Estate along with a balanced portfolio of retirement accounts is the only way to go.Real Estate has always been a passion of mine, to learn my craft and acquire as many income producing properties as possible.As of recent and what really got me into high gear is that my first baby (girl) was born 8 months ago and I want to provide for her future unlike mine.Now I have this new hunger, direction and priority in life and have decided to commit myself 100%I know this is going to be a long process and am very ambitious and having a newborn is a powerful motivator to learn and create wealth for my wife and baby.A little background on me…I am married and have a 8 month old baby girl.

For those who have been actively participating in Real Estate through making deals and acquiring property.

I would not suggest it to a newbie,  however, many seasoned investors acquire single family homes in low to moderate income areas.  

It was a really nice eye-opener for the opportunities available and other method to acquire property (as worst case scenarios) through note investing.

I'm a recent college grad looking to complete my first deal. I want to get started early but don't have any investors as of yet. What route would you guys recommend to get funding for my first property? Would you reco...

We do rehabbing and work with a County municipality  in acquiring properties wholesale would love to connect with others also!!

With limited credit availability how would you go about acquiring a property?

They are always holding events and you can acquire properties through the people that you meet and learn more about buy & holds.

Hi Chad,Michael has a good point about the building next door...In your calculations, I noticed that you were missing some costs to acquire the property such as the closing cost and inspection cost.