This is key to growing a real estate portfolio at a reasonable fast pace.

That would constitute it as a million dollar property, but it will have been 2 years since my most recent purchase - so no, not EVERY year, but as a real estate professional with a high income w-2 spouse, the savings we get on depreciation the asset in terms of the the reduction in tax liability and subsequent check from the IRS puts our rate of savings at a decent pace

Over the past year my return of my stocks have put paced my RE but I know long term my RE will be a more stable investment.

The key to growing a rental portfolio at a reasonably fast pace is to acquire foreclosed properties that require rehab, therefore the equity position may be large enough to refinance cash out your original down payment funds to recycle into the next property.

@Maria Luna I have been investing in JAX since 2012, and prices have appreciated a lot since then, while rents have not kept pace, but also appreciated. 

Loved studying at my own pace.

Lastly, this is just one deal so don't fall in love with it. you have a LOT of rejection ahead so pace yourself

My mortgage payment stays the same, and I raise rents to keep pace with inflation.

LOL It's still pretty awesome, but I'm just sick and tired of insane pace of growth, and the changes that will bring.

You should look at the rent levels as they may not have kept Pace with the economy.