Alternatively, if I can find a lower cost single fam home where I can cash out 100% of my investment I would do that but those have been harder to find recently. 

Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

Typically to grow a real estate business and raise money you are better off partnering with someone.

Hi Jeffrey,Great to see you’re looking to scale into multi-family commercial investing here in Indy!

I am looking to add a 2nd investment property to my portfolio but I have no cash to do so.

Planning to invest in Research triangle are of NC for rental.3.

How much upfront costs are typically involved in a project before you know if it's a viable project to pursue? 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investment Info:Small multi-family (2-4 units) buy & hold investment.