Moreover, having a mentor or some sort of coach is an absolute must-have, in my opinion, if you're just starting out. 

They still like to see some sort of "grouping," whether it is in home style, neighborhood, SFD only, etc. 

From a rate perspective, likely is not close to making sense at the moment, would need rates to drop further, however if value has increased and you are looking for cash-out, that motivation (any lower rate as icing on the cake / secondary concern) it could make sense to look into

Borrowing with no income is ripe for that sort of result. 

My wife and I have different appetites for real estate investing and have not found a professional that can help us work together to understand the key questions we should be asking ourselves and help us sort through all of the options.

@William Johnny if you only have $250-$500/month you probably don’t have enough to invest now as you would likely need some sort of a down payment and reserves.

Some counties have some sort of GIS (geographical information system) interface for their data.

You can find motivated sellers and still get some deals. 

What sort of cap rates are small multifamily properties trading at these days in Vegas? 

Today the real need is quality lead lists of actual motivated, stressed sellers!!!!!!!