It is how I acquired several of my rentals. 

Start by using a land trust and transfer the deed to your LLC later, once you’ve acquired a few more properties.If you’re willing to move and remodel, consider getting a 30-year loan on your next property.

Purchase price: $350,000 Cash invested: $50,000 Sale price: $550,000 I acquired this property in 2015 and used it as my primary residence for two years.

Quote from @Stuart Udis: ....But I set the goal of acquiring 50 doors in the next 3 years using the BRRRR method and will then be financially free...isn't that a scalable business :)We see the above type comments from not so experienced investors or business owners all the time being posted on BP.  

As large investors entered the market to acquire single family houses, our margins were squeezed and we ultimately could not maintain our target investor returns as the market totally changed.

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.  

Do you have any idea of the prices of the properties you might acquire and what the rents would be for the units you'd rent out?

Trying to balance proper due diligence against my desire to just acquire a bunch of mediocre units!  

Are you thinking of acquiring multifamily properties and flips in New Jersey as well?

We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.