I have a solid rental portfolio of houses here in Austin, but the cashflow is minimal compared to what I can get in multi-family or in the mid west. additionally, I'm looking at purchasing non-performing notes and turning any of the foreclosed properties into rentals.Are there any strategies for selling off the houses, either in bulk or individually, to minimize the tax burden for when I reuse that capital to purchase non-performing notes?

My idea of getting into real estate investing was coming up with 20% of your own money (that's 60k where I live for a low end property), traditional residential mortgage, net maybe $200 a month if I was lucky and repeat the process when I came up with another 20% until I had maybe 40 properties.

Along with a check list and a timeline for the process.

In our area, they are processed through local JP (Justice of the Peace) courts. 

Trey, I think that I would enjoy owning and operating rentals at this point, but I haven't completed a deal.I want to learn how to analyze properties and spot deals; I'm in the beginning processes for sure.  

If necessary, I would potentially use any other income sources to speed up, stay on target or address pain points.I'm suggesting a 10 year time frame as a ball park because I will use any additional income to speed this process along.

The fact that you'll earn a small commission on your own deals is just gravy and the learning process to become one won't be wasted either if you're going into the business.Good luckBrian

The end goal is to minimize reliance on "traditional" working hours, while building equity in long-term properties.

I'm not too far from you and am in the process of identifying an area to invest in.

I have been through the process a few time.