Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.

I ran the numbers for any investment below 250k and for the 3 year hold period after 1% annual management fee and 1.25% startup fee, and the profit split, comes to 10% compounded return or an 11.2% avg annual return on a 1.33 EQM on 3 years.

There is no limit to the number of deals you can do (like there is in IL).I'm not sure about the dry closings (though I doubt they have that right, either), but the fact that they're already giving you bad advice makes me think it's time to find someone else.Title companies vary quite a bit. 

Thank you for all the great replies,Phillip DakhnovetsGuardian Property Management & Maintenance

My goal is to have enough properties to where I can make 150k a year and have more free time. 

I've spent a decent amount of time playing around on the website and will probably go ahead and buy the premium version. 

What should I expect as far as timing where I will have the capability to make my next purchase.

By the time most people come to see a CPA many tax savings opportunities have been missed.

The fluffy feel good stuff will clog all the time . 

Its usually best to go the permit route when adding bathrooms ect but comes at a cost time/expense wise.