But do we have dreams of swimming in millions soon?

A $50k house is not the end of the world where trying to save up for a 1 million dollar property here in LA will allow you no room for error and you will not be cash flowing I can pretty much guarantee you unless you found a diamond in a rough. 

As a wholesaler there are sellers in every neighborhood that think their property is worth a million dollars, I would recommend handwriting letters or going door-to-door and talking to people and building rapport in relationships which may take time but is also probably the best way to find a good deal because you'll know about properties that people are interested in selling that are not going to be on your traditional list from the source or text delinquent or any other lists.

To fully appreciate the current landscape on this, you'll need to review the 2008 memo from the PA Department of Revenue, a PA Supreme Court case called Baehr Bros, and PA Supreme Court case called Allebach.A quick note about the confusion on these topics: If you work on larger projects (say +$1 million), you really start paying attention to these issues since the transfer tax consequences can be in the six to seven figures.

A million other ways to make great money.

If you want to make 1 million dollars, find a way to help 1 million people and the money will find it's way.

I have dreams of millions so a business idea of heavy income is a plus.

Your worth a million dollars and can't afford to buy a sandwich.http://www.biggerpockets.com/forums/56/topics/17546-you-know-you-re-a-real-estate-investor-when-It's easier to know when you're NOT rich.

I should mention that I am just starting out, do not have $500k+ to invest, have great credit, can get mortgages. just to be clear that I am not doing multi-million commercial deals though I know people who are. lol.

Can someone give any advice on a strategy to acquire this potential almost half a million dollar a year investment?