I have owned 3 brokerages over the years and I am a firm believer because its fact 20% of agents bring in 80% of revenue.. you need to figure out how to be a 20% er. 4.

So-- I've built a co-living company, that has just reached 10 properties and $50K a month in revenues.

I have seen the good and the bad, I have watched some of the biggest names here in Indy get started and have helped most of them in some form or fashion. 

For out-of-state investing, one of the biggest tips is building a solid local team—an agent, contractor, and property manager you can trust is key.

Biggest thing is adjust pricing appropriately. 

Biggest pati le is getting approved from VA and bringing property up to regulation.

All this to say starting is the biggest, hardest, most important step.

The other reason why you would choose option 2 is that no investor would ever buy #1 and the bank might have trouble financing a deal where the revenue can be iffy.  

Your biggest issue with 5 bedrooms is that 50% of your income is going towards the mortgage, I do not believe banks would even lend to you with a DTI above 40-45 (mortgage + other debts).

If you actually did this, you'd have an obvious answer for your question about financing down payments.This is your post from 9 months ago:My goal is I want to buy 200 properties in 5 years(separate business plan) and build even bigger after until I have the biggest real estate empire.