Quote from @Andrea Russin: A blanket loan would be a good way to spread the equity however it would limit your ability to easily exit one property without restructuring your loan.

I am a GP on one of their deals.

That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.

I would only underwrite based on actual rents not proforma.

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

I don't have one.

It helps a lot with networking on here.Other than that, be a sponge and soak up as much content to learn the game.

She did so on her own after I gave her notice. 

One of my investment properties in El Paso is a SFH currently renting for $1,100.

I rent to one couple or small family for the full rental period - no less than 2 months and no more than 3 months.