I knew the downsides of this type of investment but felt that our natural tendencies to over analyse everything needed to be combated by a swift decision and action. 

Too many things require boots on the ground while you are getting to know the process. 

I’m a U.S Air Force combat Vet and an investor and licensed Realtor here in DFW.

I do all of my own bookings and they are my boots on the ground (I'm in Colorado).

Here is what I need:- Multi-Family units under 275k- Property Manager referrals- A local agent that owns Multi-Famly Unit(s)- An average or above average contractorBasically, I need a huge size 11.5, 12 or 13 boots on the ground but if you are a lady a cute size 7 will do.  

, would it be possible to use the remaining funds to perform capital improvements, and is there a maximum dollar amount limitation on this before it's considered "boot"?

Thanks guys for all that you do, keep up the good work, and keep those great ideas for acquiring more properties and expansion at your Boot Camp, they are priceless!

Memphis Invest would be one group to look at.If you're looking to be more of an active, hands-on investor, you need to decide whether your situation is going to allow you to travel to a market(s) for acquisitions or whether you would rather have boots on the ground in those markets.  

If the property happens to be in the Cleveland market and you need some help with boots on the ground, let me know.

One way to combat that is to hide the 1031.