I myself am a second generation Mexican and have been motivated to learning as much as I can about real estate by reading books, forums, and listening to podcasts such as the one you were featured on.  

I found a seller who is motivated to sell his property at a pretty steep discount.My plan is to put the property in escrow on an executory contract/land contract with the condition that the title will transfer once the seller receives his funds.

Please come down and see me and let talk about real estate.My plan now is looking for buy and hold and flips.If your 100% motivated for REI just like i am, come down and meet me.

Sounds like you have your act together with passive income and a savings, as well as motivation to build wealth from there.

Maybe to have extra cash for repairs. 

I'm soon closing on a multi-family property that has some extra space that's begging to find a better use. 

The least risk would be to use the extra 100k a year to buy bonds and then sell the bonds to pay the mortgage each month.

With all of that said, my main goal is to have long term appreciation and if there is a little extra cashflow at the end of the month, great. 

Binghamton is an extra hour you don’t need to drive. 

Obsession isn't a bad thing in this case as long as you don't make poor decisions just to "get in the game"It sounds like your motive to get in real estate is a good one if you are looking to help other people.