I have come across them multiple of times but I am weary of any company. 

Besides my current rent, I still have to pay an additional $1~2000 for the mortgage, etc.Pros:Better financing rates than for investment propertiescan manage it myself to save the PM feehaving my own place without worrying about rent increasesCons:May only afford a small townhome or apartment, not sure if I still want to live there after 5 yearOption 2: Investing in Out-of-State Multifamily PropertiesI could use my cash to invest in several multifamily properties out of state and use the cash flow to cover my rent.Pros:Potential to spread risk across multiple propertiesThe cashflow can cover my rent, maybe have extra leftCons:Additional costs for property managementLimited potential for appreciationHave no experience in managing OOS property, and I am afraid it will be annoyingI’d love to hear your thoughts or any advice you might have.

Yeah if you choose more security over less work, then having multiple accounts seems to be the way to go. 

Have you already spoken to multiple lenders?

Or your can buy multiple properties with small mortgages.

I have private money family friend who wants to fund multiple investments and since I come from the construction industry they are confident in my ability to rehab properties.

Read a few booksz like Brandon Turner's, and you will see how your VA loan and a few time tested strategies can be employed.

They did not communicate the scope well to the plumber, who it sounds like should not have been involved in the first place I would have a point-blank conversation about the above with your manager and ask who he or she thinks should cover the waste of paying multiple professionals to shuffle a thin plastic piece underneath an appliance the tenant was responsible for installing in the first place.

Our goal is to purchase multiple properties in good neighborhoods with ARVs up to $250K.We’re eager to connect with experienced agents, reliable contractors, and any other local experts who can offer insights on building a successful portfolio here.

Once you have a track record of success, they'll fund you for multiple projects at the same time.