To me, it sounds like you'd be better off buying something closer to town that's more suitable for a rental. 

$150k is more than enough to get you started, but the issue is that right now it sounds as if it's "trapped" in another property as equity.

Hi Nicholas, It sounds like you’re in a great position to scale your portfolio!

and it sounds like Lake Charles has a meetup as well which is very cool.

ThanksThat sounds insane to me too.

It will only cash flow about $150/door/month, but I tell you this to point out that cash-on-cash returns are nice to analyze, but I am getting to the point that something that cant be an infinite cash-on-cash return at some point in the near future just doesnt sound that appealing.  

It sounds like you’re being quoted on commercial loans. 

Definitely would consider both, but the cash flow does sound quite tempting :) 

It sounds like you want their knowledge, but in what areas do you feel you are lacking?  

I will be blunt and tell you that it sounds like your approach is a bit naive.