There's the "Cash Flow" game from the Rich Dad empire.

Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.

Talk less and listen more.You can act as a referring agent and receive a fee if you don't want to act as a full time agent.Don't get involved into agency stuff (listing, selling, open houses, floor duty) this will only sap your time and energy from your real goal; making offers, making money, building your real estate empire and creating a giant net worth.

I decided to pursue real estate investing because my wife and I want to become financially free, build an empire for our family, and retire within the next 10-15 years to spend more time with each other and our newborn baby girl, and travel.I'm primarily interested in buy-and-hold properties and have joined to obtain more information on how/where to start.

I came across a seller who is retiring that wanted to cash out his empire and ride off into the sunset. 

Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen toBiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: Interested in learning about MF success story check out my team Podcast 175: BP Podcast 175: The Power of a Team to Build a Multifamily Real Estate EmpireTip #7: VotesTip #8: Meet BiggerPockets MembersTip#9: BP WebinarsGood Luck!

@Henry MurrayI live in seal beach and invest in memphis and inland empire locally

Does it get worse the further inland you get?

I remember my dad (who owns a commercial real estate empire) said it would be an issue (he tends to be critical of my deals until he sees the cashflow after I buy - he's just being a protective parent. 

Newbie here practicing analyzing some properties in socal, particularly Inland Empire).