According to Metrostudy, "Housing construction is at an all-time high in Central Texas, but the pace of new housing stock entering the market can’t justify last month’s jump in sales growth on its own.

If we have 10 feet of snow, what will your expenses look likeBecause you are a psych, there is a good chance you can rent out additional space to various other professionals -- maybe even professionals in similar but not overlapping fields.I suggest looking on Craigslist for offices paces.

Get your feet wet in your area to be able to learn from experiences at an easier pace especially if you are the one managing it.

You gotta go at the pace that is right for you. 

I did the self-paced online course which entailed picking up the class books (or you can download & print, but they are quite large), self-study and completing the class exams online. 

I was able to find a self-paced online class for about $250.

Our goal is to have 5 cash flowing rental properties by next year so we are not trying to scale quickly but more a slow and steady pace.

Slower pace to creating a portfolio but your goal of cash flow will be achievable in seven years Less stress in life.

After the April refi I will be accelerating my pace and will need more money again.  

Assuming you maintain your pace of 3 property purchases per year you'll hit 120k/year in 29 years.