@Matt Wanyes but... is that actually your biggest concern? 

So trying to acquire five more properties without cash and have them cash flowing is going to be a huge hurdle.

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

The biggest key to a good ROI is getting a good deal when you buy.

@Tamika Davis One of the biggest advantages of most software on the market is to complete these tasks you mention (maintenance, leases, rent collection, etc). 

That's the biggest piece that can surprise investors.

But in general, your biggest risks are not necessarily what's the maximum rent you can get, but can you find a reliable tenant that will always pay and pay on-time.

So, we found a California based lender that we started working with, and got our initial approval with a few conditions (documents etc.) that they need, no big hurdles. 

My biggest piece of advice would be to find someone who is in the position you would want to be in 10, 15, or 20 years and meet for coffee.

The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented.