But generally, the funds offer investors the chance to invest in real estate at a lower price point, maintain liquidity since shares can be cashed out early, and, of course, the opportunity to earn passive income when rent is paid on the properties and when the value of the real estate increases.Types of Real Estate FundsAs you look deeper into real estate funds, you will notice two main types of real estate funds.

We really have no idea where to start but have about 50k in liquid savings and investments.

But I am going to spray this weekend. 

for sure not a beginner limited capital play.. but if you have 500k to 1 a mil liquid not a bad way to go about it.. or havea 20 year plan to add one every couple of years.. be pretty sweet to own 10 to 20 of these free and clear 20 years down the line.. that would be REAL cash flow.

.), very low liquidity.

If you assume that you have various "buckets" (i.e. taxable, tax-deferred & tax-free) and differing objectives (i.e. growth, income, liquidity), paying attention to proper "asset location" will add to your net, net after-tax bottomline. 

Essentially I'm not liquid enough to make this happen. 

Are there investment friendly mentors that are willing to bring the water hose spray down a tad for me so I can learn next steps?

I'm looking through the spreadsheet and I think it's worth mentioning that it's possible to spend a lot less for certain material items as well as labor in many cases depending on how frugal you want to beinterior door with hardware: $5-10 used, $30-50 newwindow: $10-50 used, $100-200 newlight fixtures: $1-10 used, 6 pack flushmount at lowes for $44fan fixture: $24-60 new water heater: $250 newtoilet: $50-90 newsink: $40-200 new faucet: $10-30 newtile: 0.49-2/sqft newappliance: $20-200 each appliance usedmy last rehab was:60 elec permit cost + 300 elec repair (tenant destroyed meter box causing house to be condemned)1600 material + 1500 labor flooring for 1400 sqft500 material + 600 labor spray paint whole house semigloss and patch some large holes$30 for 4 interior doors which I put in$10 mirror for bathroom$100 paint porch, stairs, and stair rail brown$50 fridge, $10 burner plates for stoveI also spent at least a few hundred with help on cleaning and taking out the trash and some other expenses here and there which altogether added up to about 5 thousand.I spent maybe 30 hours over there in total on the weekends.

Make sure your DTI is fine, and you have the liquid downpayment to get the 2nd house.