Once you network with local Reia,investors etc, you will find attorneys that already have title companies, staff etc, with all this stuff in place. you don't have to invent the wheel.I used postcard with business phone number app i use on my Galaxy phone, and yes, this deal came from Direct Mail, we closed about 2-3 weeks after offer.

I'm currently doing the 9-5 Gig as a staff accountant for a major supply company in the Northeast but am interested in getting into rental real estate.

I suggest that you delegate as much as you can to the attorney and their staff and get out of the way.

I know another landlord in the City who runs an "upscale" boarding house close to the legislature {we are in the capital} where the junior staff and aids to the MLAs stay when the legislature is in session.

There are also other options but you will be somewhat limited because of the smaller balance.Self-directed Solo 401k might be a better option as it will provide you with other benefits that SD IRA doesn't, but you must have self-employment income or own a business without full time staff in order to set one up.Regarding the new company retirement plan you should contribute at least to the amount your employer matches, this is free money and it would be foolish not to take advantage of that. 

When you have staff attorneys or legal counsel under retainer contract, it makes more sense to wait the opposition out.

Personal guarantees can still be made to principal amounts, the nature of what is not sought against a borrower can be designed to the project.Carve outs are more to poor management, not meeting loan requirements or tax requirements, a project must meet a certain mix of tenants for example of very low, low and median income levels, the staff must be certified, failing to meet these requirements can change the non-recourse nature.

California has laws that make it so expensive to build new jails and unions are so powerful you can't staff them, that I don't know what will happen. 

Getting there at 7 and walking the ground picking up any trash in slacks and a button down with a tie really leaves an impression on your cleaning staff and on the residents as well.

I own and manage 10+ units with no mgmt staff.