<prompt> Human: I have never used Reddit before but rpersonalfinance was recommended to me by a friend who said that I should throw out my idea to see what you guys have to say. I am going to be using arbitrary ballpark numbers for my examples.I am 19 years old and and working full time at a minimum wage job, 11hour here in Washington. I currently have no credit score, however I am taking that very seriously and will be getting a credit score of over 800 within the next year. I recognize the seriousness this requires and am totally prepared to make the decisions required to meet this goal.Im intending within the next couple years to purchase a 250,000 multiple bedroombathroom, good quality house with a 15 year mortgage with no downpayment to rent out to a renting family. I realize that will require a higher percentage due to the lack of down payment, however I believe it would be better to get the ball rolling sooner than later on this idea, and plus this extra percentage can be tagged onto the price to the renter With monthly 1,000 mortgage payments, I would rent the house for 1,250 a month.1,000 mortgage payments250 house repair savingsI would save this 250 a month for two years or until I had 6,000 in savings for house repair. As the money was spent, I would return to saving that 250 a month to maintain a 6,000 balance.After saving 6,000, that 250 would go directly into making extra payments on the house in addition to any extra money I could afford to pay from my own paycheck.After 10 years, I would pay off this first house, while on the side continuing to progress in whatever my chosen career may be, although possibly not as fast as if I was putting my full effort into it.After paying off the first house, save 2 years rent aside and use this 30,000 as a down payment on another house of. Use the monthly payments from the first and second house, make consistent double payments on the second house and have it purchased within seven years.After Sell the first house for 275,000 after owning it for 19 years.Use this 275,000 as downpayment for 4 more rentalHouses, and after ten or so years, the houses will pay for themselves, and I will have 5 houses owned and rented out.This way after 25 years, I will have approximately 72,000 a year rental income and own 5, 250,000 rental properties while having built my own separate savings account from the jobs I have worked totally separate from the my career using minimal amounts of my own moneySide notes: 1. I realize working as a landlord isnt easy, and in order to pull this off I would need to dedicate multiple days out of the month in order to do landlord things. This also cuts into my progress in my career. Understood.2. I recognize that these are very simple numbers. I happen to think they are fairly accurate, if someone would like to correct me... well, thats why Im here3. I realize mortgage payments can be changed due to escrow changes and what not. But again, this burden can be placed ON THE RENTER.Thanks for your time.  <response>: I am 19 years old and and working full time at a minimum wage job, 11hour here in Washington. Im intending within the next couple years to purchase a 250,000 multiple bedroombathroom, good quality house with a 15 year mortgage with no downpayment to rent out to a renting family.High credit score, or not, no sane loan officer is issuing a 21 year old a loan for 250K without a down payment or decent income.Your time is better spent on finding ways to increase your income. You wont be able to buy anything making minimum wage. 