@Jen Alden Wilmington Island don’t have high Home Owners Association fees (most of the neighborhoods) which means your payment fully dedicated to interest, principle, taxes, insurance.

He has dedicated is life to minimizing taxes and has a lot to say on how to or not to use SDIRA.Once we became proficient at real estate investing, we used every opportunity to take money out of our 401k because we could make so much more in real estate. 

I'm in the process of hiring and training so that I will have more time to dedicate to real estate. 

Considering this is your first purchase as well as investment, there is a lot of 'hand holding' and education that will cost time and dedication, to have the same 2-3 agents compete for the same sale, shopping the same MLS inventory, and still dedicate as efforts to one client would be completely unfair. 

In addition, with the limited time you have, it needs to be dedicated on focused efforts that yield results. 

Hey BP,I'm thinking of starting a meet-up dedicated solely to multifamily/apartment investing (>$1M loan amount). 

Because what I've read on the subject makes it seem like loans to a business care much less about your personal DTI and more about the ability of the business to cash flow, where as a loan to an individual would want to make sure you had the padding in your personal income to make the payments regardless of if it's rented or not.And even though I'll admit that I am still dedicating a lot of time to learning and likely spend more time on here than most I would really like to hear from @Gordon Cuffe about what specifically makes up that difference, because I imagine there's something here I'm missing and would love to correct my thinking in the future.

I haven't done it specifically, but Elsinore isn't really a place where a lot of people visit, it certainly isn't a vacation spot and it is out of the way for most destinations, if it is like a house hack Airbnb for extra money maybe, but as a dedicated AirBnb you might have a tough time.

If you have multiple tenants, get multiple sets, 1 set dedicated for each unit so the electric and gas expense is not yours.

Yellow letters, post cards, offer letters, birthday card style, etc... when you get to a point in your business where you start spending consistent money on advertising you need to dedicate some time to understanding at least basic marketing/branding fundamentals.