They have the time frame and payment dates set but I’ll be sure to make sure things are going as planned.

Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.

Than did all the red-tape fun to get things set, and completed soil corrections. 

I've seen too many that prey on newbies and set them loose on the world, begging for "no money down" deals. 

Joking aside, we do believe Lima is a great market to invest in, and we will continue to grow here in both units we own and units we manage!

A side question - if this time, November to January, is the worst time to find a tenant, does it somewhat logically follow that it's also the best time to buy? 

Not exactly earth-shattering.The bigger question is, why are you setting up an LLC before you even have anything to protect?

However I believe it’s great to have two independent sets of eyes (in addition to your own) on the books to make sure everything is accounted for and running smoothly.

However if you’re working full time outside of real estate and trying to transition into the REI space, you might not have the hours available to set aside and get the full value of the resources provided. 

@Shaylynn O'LearyI think I may have posted this in response to you in another thread a while back, but here goes again.If you pick a random "low cost" market like the ones you named, don't know anyone there, don't set up a network, buy random properties, and turn them over to people you've never met to manage, you will most likely lose money.