What can I expect to acquiring the 6th and 7th purchase? 

@Bret Rubash,To meet other REI people, you can attend REIA meetings to find others who share your interest.To get funding, learn how to attract and engage private lenders.A way you can learn to raise cash quickly is to acquire properties needing repair far enough below market that once you've completed repairs the fair market value is greater than what you borrowed from your private lenders to acquire and repair it.

-----------------------------------------------------------------This if of-course just a scenario without knowing your numbers exactly, but even if you could only acquire 1 property, I believe it would still be better because of the equity you are building and you're now increased net worth.Just my ten cents. 

Depending on what your investment criteria is, a strategy you use in South Boston (A class area/ A class tenants) vs Mattapan (C-D class area/ C-D class tenants) will vary greatly.I work with clients both experienced and beginners, acquiring and leasing their properties.

If not, what happens if you spend the 10K acquiring a property and a month in you have a major repair? 

Keep saving new capital and your dividends, and when you have $25,000 or more start acquiring your own leveraged assets, if you still want to do that.  

Acquire, rehab, resell, relax ... repeat.BTW: congrats on understanding yourself. 

I'm buying a package deal I acquired through direct mail marketing.

In Scenario A, I've acquired no additional properties and I try to buy a $1,000,000 property.

However, for me personally, I have quickly learned that I will need to acquire apartment buildings to reach my personal real estate goals.