When you make a business that involves real estate, your business and investing go hand-in-hand and you may be able to find some really good deals in Cincinnati by just providing services in the area. 

The only thing I would personally add is some specificity about how you plan to use/reinvest your profits.These aren't necessarily things your investors will need to know, but it's good to at least think these things through so that when you have, let's say, $40k in your hand you can say to yourself "Ok I'll put $10k towards student loans, $5k towards my car, $15k back into RE, and $10k in savings."

Given your interest in rental units, that could be a solid option, especially if you're focused on long-term wealth building and creating a steady income stream.Here are a few things to consider:Financing: With some cash on hand, you might be able to make a down payment on a rental property.

I do have a w2 job today so i can't be fully hands on but plan on using the same property manager that i have for my rental now for any additional rentals.

@Kunal Lakhwani I have never heard of Twin Cities Leasing, the name makes me question there actual service focus and my gut says it's less about PM and more focused on listing biz, which is problematic, especially in Saint Paul, but again I don't know them off hand so do research and ask questions of them. 

My strength admittedly is on the administrative tasks.For those who are opposite of me, who struggle with the administrative side, would you consider a B2B relationship with a service that takes all of the tasks off of your hands, and if so what would you be willing to pay (% or flat fee).To be clear, what would be offered would be:- Listing on 15+ channels including Marriott Homes and Villas, Abnb, VRBO/, Booking.com, Zillow, coming soon Amex Travel and Hyatt, Jetblue and Allegiant Airlines, and more.- Pricing software w/ live revenue manager- Smart Lock software- 24/7 Guest Communication via platform, voice, text, email.- 24/7 Communication with owner or PM staff for maintenance or cleaning issues. 

Happy to be hands on.

They could be completely ignorant of how their PM operates or that the PM is losing them money hand-over-fist.Start by going to www.narpm.org to search their directory of managers.

I would like to be hands off as much as possible.First post on here, so go easy on me please :P

On the other hand, families or older tenants might prioritize comfort and be less willing to compromise.Property Upgrades: Consider whether you have room in your budget to install central AC down the line.