When I started out, I purchased a SFR then wished I had waited and purchase a MFR live in in one unit, rented out the rest.

We are excited to be here and cant wait to start building!

It makes you look like you’re asking for a new build, not an existing home. 2) Anytime you mention big items like HVAC/roof.

Just to clarify, there is no limit to what you can raise as a nonprofit but, as Shonda mentioned, you can do a simplified filling if you intend to raise less than 50k a year.

I have started the process to sue for rent ( waiting sammons to be served via certified mail, Sheriff office is backed up).

I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing. 

Anything above and beyond what I mentioned is a bank and its own overlays. 

My suggestion is that if you are going to make this a long term endeavor you definitely mention that.

As mentioned above, they have some of, if not the best, tech/portal out there.

I'm more in line with this.I do think we see closer to 5ish mortgage rates though within 12 months, probably 6-9 months but because of those same underlying reasons mentioned above.