I absolutely want to begin building a rental portfolio as a long term strategy once I have created more revenue.

You have to figure out the specifics for your investing strategy on your own.As a side note, my personal pet peeve at REIA meetings is the person (usually at their first meeting) who essentially says "I have no experience.

I've found it's harder to borrow against investment properties without well established revenue stream.

Not to mention that the student will also bring the mentor revenue at some point.  

In the mid 70's it became popular to start using acrylic plaster which is essentially acrylic paint with plaster mixed in as a thickener versus a bonding agent.

I used owner information that I got from the Office of Tax and Revenue.

But it dawned on me that I might take a few years to build up a profit-generating portfolio of properties to generate some income before doing so, to pay for more building materials and more of the cost of the land up front as well as providing a steady source of future revenue. 

Asking price: 273kAmount left on the loan: 124kAsking price for me to take over ownership: $68,950 (essentially ask price-mortgage + some negotiation around avoidance of realtor fees/closing costs,etc).

I took the agent practice test and passed by a lot (essentially was questions from my first year property course) so I plan on taking that test next week.  

We also started talking about house hacking which is essentially what we have been doing but speeding up the process and holding on to properties for only a year then deciding whether to rent or sell.