I've looked at the 15-year plan a number of times, and the biggest deterrent for me has been the hit on DTI when looking at the next property.

Through all this, I have formulated a plan that I am prepared to put into place: - Strategy: single family, buy and hold rental- Location: Surprise, AZ with a focus on 85379 and 85388 and El Mirage - Financing: conventional (75-80% loan)- Management: Property Management companyHere is where I hope to lean on the support of BiggerPockets once again - I am looking to build the strongest team possible, so that when the right deal hits, we can all benefit! 

Here is my list, some of them are in line with the others like @Dustin Kircher and @Mike Dymski1) Let's me know as soon as something good hits the market (depends on the investor)2) Ability to do a bit of quick calculations and uses common sense as far as returns3) Willing to blow a lot of time scouting with me / patient (I'm sure this is why some agents hate investors)4) Not trying to sales talk (I really do not like retail residential agents, their mindsets and email blasts tend to drive me nuts. haha *sigh* ) 

If you go to my website and hit the ask questions tab I can send you more info if you want.

Kenneth Cowan private message me if your interested, I know of an awesome 3 unit building that just hit the market.

If you're light on money, just starting with no education in the industry, I'd think you'd do well to hit $50K as net income in your 5th year.Just a dose of reality!

I don't know of the real estate market there, but their Magnolia brand is sure to be a hit.

In the end, I never had to move or sell my house, I kept most of the rental property (for some reason she didn't think they were worth much or didn't want to deal with them), and was used to living on almost nothing, so once it was all over, it was like all of a sudden having a large amount in extra cash each month because it wasn't being spent immediately upon hitting the bank account. as a result of maintaining a level headed relationship with my ex however, we didn't need to liquidate or sell the business we still have (as our lawyers were trying to convince us to do)... hopefully in the end things will become very good for you also.   

Hi all,I am new to real estate development and investment, and am trying to crack into the market. I am very excited to start using this website to learn new things and create cash flow for continued investment. I am ...

The fact is that it's extremely expensive and a very low hit rate to chase those deals exclusively.