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?

I have a few friends out here in Oregon who have large patches of land normally 2-5 acres I'm not sure if it's high or not, not my ball game but they are getting roughly 10% of profit but bear in mind that's water rights which in Oregon you must have for large scale grow.

I have 8 properties in my portfolio all free and clear .. 7 of them are rentals with paying tenants in them.. how do I go about establishing this... is there steps I need to take?

I'm a software developer looking to develop a suite of solutions for landlords with a smaller portfolio.

We're keeping LTV low, taking more term on our debt than we anticipate needing, and have a plan that focuses on bringing the old leases more in line with the current average rates.We also run Downside scenarios to see what the numbers look like if we're wrong about room to increase or (worse) the market changes and results in vacancy going up and rates going down.Those are not pretty of course, but a large part of winning is being able to stay in the game.

Besides, I'm not the one paying back the loan, my tenants are...Hope to level-up to the unsecured loan one day... and, I'm in this RE game for life, so I'll get there. 

BP has been game changer with opening me to lanes of investing I never even would have thought of and the different ways to live financially free.

Make your profits and work around your rental portfolio next year.Then scale it up from there.I see myself making reaching 5 millions at the 4th year :D)))Good Luck!!!

I've also heard that some places will do portfolio mortgages.

I have played the game of making an investor think I had another offer.