He also says that he's using an executory contract (or land contract in Texas) to get around them and has never lost a house. 

I'm starting to build the foundation so that when I get this experience I'll be ready and able to handle the business.  

He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.

I think I'll start out where I live and probably branch out outnof state once I build my knowledge and experience. 

- Are you only looking for 6-unit apartment buildings or another that is 5+ units?

I have my personal emergency fund stored away in a HYSA, and am working to build up a15k property reserve as well, but am conflicted on where to keep that 15k. 

@Nicholas Nakamurain order to be successful, you will need to build a network on the ground in Ohio with people you know and trust. buying a random property on the MLS in unknown condition based on other people looking at it, and putting it under management with people you have never met, will not work, and you will lose money.https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...so - what's your plan? 

Congratulations on building such an impressive portfolio at such a young age and achieving so many successes!

With the growth mindset you clearly have, you're building a solid foundation for success.

I am about to pay the land cash 500K, then build 10 apartments for roughly 1.5M.