Quote from @Gillis Langston: Mold is usually much easier to deal with than people think.

It is much easier to have the discussions when a decision is not required to be made and figure out how to resolve them now compared to when the time comes.

Keep the majority of your money in your accounts $1.5M liquid reserves is a ton of cash so let it earn you interest.Use the Banks money to lend on a multifamily use a Fannie Mae loan its only 5% down but you can put more down to meet your target monthly payment.

It is much easier to let real estate pay for real estate.Here is the concept: buy 2 properties, then hold until you have 50% equity, then sell one to pay off the other.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

What price point would you be targeting on the purchase? 

I recently got deal machine to make it easier for me to find lists.

No worries on not knowing 100% yet but I would it would be far easier to get started in Fort Lauderdale or WPB areas due to the cost of homes.

But, others could be, again, making sure he has the capital available and if not, set savings targets to get there.  

MTRs have a very different clientele who are the target avatar, so going back to the OP's post.