.: @Jonathan GreeneDo you know how Auction.com set the reserve price if property owned by FreddieMac ?

Start small with a property within your budget and skill set, using HELOC for funding.

The listing agreement would include within the commission property photos, a set number of “door-opener” tours, some hours of phone/Zoom consultation with a licensed agent to set a listing price and discuss offers, counter-offers, and closing mechanics.

If I could, pick your brain a bit more, how much do you typically set aside for things like CapEx/Vacancy?

I have set up a Series LLC in TX.

If I can't find what I want second hand then purchase from local furniture store for heavy use items like beds/frames, dressers, dining sets.

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It's free and you'll see what problems other people are facing and how they solve them, which will help you decide whether or not to move forward with your plan.It's possible to find a reliable person who would be super happy to have your rural set-up and not have to have a down payment to buy it. 

We have found that setting our expectations about what we want is helpful (financial performance, level of renovation we can handle, forced equity opportunities, number of bedrooms, etc) and then waiting for a deal to materialize. 

I have a deal set up with an insurance company that uses this for when they have a flood or fire and they have to put their insured somewhere..