I am in a pretty fortunate position regarding access to financial capital and am able to jump on deals, up to fairly substantial price.

I was told that in 2013 before I had any properties that it was a bad time to buy.I was told that in 2014 when I bought my first propertyI was told that in 2015 while that property appreciatedI was told that in 2016 when I bought that second propertyI'm being told that now in 2017 as I buy a third one and have substantial equity in my first twoThe market crash is always an impending doom forecast by folks that are not getting into the game for one reason or another.

We all had fairly substantial balances to transfer, but our yearly contributions will be fairly modest, similar to what we could put into a regular IRA. 

Blythe, Indio, Barstow, etc is what I would consider East Inland Empire.I am pretty bullish on Riverside and Moreno Valley.Look up: World Logistics Center (industrial development planned for MoVal)It would include 40.6 million square feet of warehouse space on 2,610 acres – equivalent to 700 football fields.http://www.pe.com/2016/08/19/all-you-need-to-know-...Riverside and Moreno Valley pricing has already increased substantially though.  

As for how we were able to get the full investment back, this was possible because we were able to substantially increase the property value through forced appreciation.

The PM's try to boost returns by getting paid in lease renewals and new lease ups as that money is often far more substantial then the property management fee.With property management people complain all the time as the owners.

So the larger firms tend to have to churn and burn inventory and sell,sell,sell as someone calls it to make any kind of substantial income.

So is the idea of getting into rentals to continue to buy using financing until the small amount of net income earned is a substantial amount that can be put toward paying off the properties sooner so that maximum profit can be earned?

Doing so will help you a) know how your investment is performing and b) enable you to substantiate your numbers on your tax return.

Each property was acquired at approximately $250K and $270K, respectively, and they have experienced a substantial amount of appreciation over the last 4 years or so due to major development in the neighborhood.