I just had to pay 11k for a new Hvac system on one of my buildings.

No building inspections or permits exist out there.

I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest question is what is the best approach when funding these 2 ADUs BEFORE I have the equity from my home?

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I'd build a network of agents and owners in your select markets that work primarily with investment properties.

You have so much time to figure out what you want to do and build a network throughout that time.

Cash flow depends on the down payment, but using a HELOC could keep your cash reserves intact while you get started.Make sure to build a reliable team (property managers, agents, etc.) to help you manage the property while working full-time. 

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

Quote from @Joe Paasch: I have joined this site to gain important incites, discussions and plans to build a successful portfolio.