Also thinking about wholesaling as a means to build capital  @Makani Donaldson Do you know anyone in your market that owns MTRs and LTRs that manages their own properties and needs help?

I’ve been a real estate investor since 2015, owning and managing multiple multifamily properties and running a short-term rental business in Cape Cod, the Lakes Region of NH, and the Berkshires.

If you are unsure, to start, hire a property manager and don't let the tenants know you are the owner. 

With the way my portfolio and pipeline is arranged I can understand why the construction management or brokerage verticals are most enticing but it still feels too transactional which is what I want to avoid.

And will you be utilizing property management firms to help out? 

I'd be seeking someone to fund the down payment of the deal and I would be responsible for property management/bringing in funds for initial renovations for a profit/split.

-Interest-only payments, which help manage cash flow during the renovation.

If there is a property manager, your success rate is going to be very low.   

Who manages it?

I'm thinking I could have someone manage the build as my eyes and ears when I'm working.