Hey @Jeff Benson,To caveat from the beginning, your goals and objectives should drive your decisions. 

My name is Kenya Richardson and I just wanted to get acquainted with like-minded individuals with some of the same goals.

The faster you get through this phase the faster you can put the place on the market again, and it's the 13th of October.

It's extremely beneficial to have goals set so you can plan out the next few years.

@Kevin Ferguson Figured out exactly what I wanted to do and then found a mentor faster!

My short-term goal is to be closing on my third property before I close on my business/finance degree. 

They want to save for a goal, REI in your case, they need to live somewhere while doing this anyway so if they can buy or rent, buying can seem the easier way to go.Whether you buy or you rent, a mortgage is being paid, correct? 

I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?

@Jason Hunt this is a really tough question to answer as it totally depends on your goals (build wealth or reduce debt).

I like the “cash for keys” idea as it’s faster and less costly than an eviction.