That should then not be classified as an "eviction", correct? 

Please correct me, and be blunt if my thinking is wrong but it seems like if I move in and live there for one year, I will be able to save money from renting somewhere else while building equity in the property.

Our ultimate goal is to have around $1mil liquidity to be able to purchase our own land, build our own home, and still have a little bit of a buffer, while also having rental properties for our passive income.I know we could fairly quickly get to $1mil buy buying and selling but I wanted to know what you all thought about what a good roadmap might be regarding that (how many properties to buy and rent vs sell, etc).I have a friend who is very active in these forums who originally lived in Los Angeles and his first properties were basically in the ghetto of the middle of the US.Would a good route be to purchase apartments in the ghetto and be a slumlord for a while to launch our empire?

Unfortunately, in this pricey market the only thing I can qualify for is an FHA loan if I'm looking to go the conventional route.

Correct...and so far, with a couple of exceptions, the ONLY reply on this question that is correct....because it's the only one that used math.I remember all the people in my life, my own and my daughter's, taking math that have said, "why am I learning this...I'm never going to use it?"

@Jonah Molina Rich dad poor dad is just a guide that has many flaws, but in general it is correct, but not in every situation. 

So then the remaining funds beyond the purchase price go into escrow, correct?

Also, I understand I would be at risk of the "Due on sale" clause, but it is rarely called, correct?

I don’t know what kind of land I’m looking at.By the way, this doesn’t mean my perspective is correct.

@Tami Olsen@Thomas S. is correct.