This has to be the best post I have ever read on here… Let me add in my two cents before I ask for ever ones advice… I’m just going to addressing some of the interesting issues on here randomly.I will summarize one of my processes, prescreening.

One invoice summarizes initial findings from the soil samples and states in bold the elevated concentrations of contamination.  

To summarize, I would say that you will need to work outside of your comfort zone for a while.

I will come back to it in a minute.The PM can supply a "cash flow" report as well, which looks like a P&L but is very summarized and is only for one period (whatever data range is specified), not a T12.  

What I do is I aggregate 12 months worth of PM Statement in Excel and then create one adjusting journal entry summarizing all the PM Statements.I personally use Quickbooks Desktop where you will need the 'class' function to properly allocate income and expenses across multiple properties.Best of luck.

Your OP's summarizing of posts from 5 years ago was accurate then, and remains accurate today.

To your point about if you can get started going big from the get go, I think @Eric James summarized my hesitation well.

To summarize: house hacking is crossed off the list, FHA loan will be used for primary residence, you've got two potential partners, and scaling is your main objective. 

Most info taken/summarized from Homelight blog that was particularly helpful when I looked into the same thing in the past

Here's my attempt to try and summarize all the awesome information provided here (and make sure I'm not misunderstanding your responses):After I purchase and rehab a property, I can get my money out immediately if I find a special type of lender (e.g. portfolio lender) that allows this.