Additionally, his credit is not the best, and he has limited funds for a down payment.Any potential options or solutions that may be available?

Additional DetailsI’m willing to invest in out-of-state properties, though I prefer areas with good property management options.My primary focus is passive income, but I’m also interested in value-add opportunities.I want to ensure these investments provide strong tax benefits and diversify my portfolio.I’d love to hear from experienced investors:What would you do in my position?

These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

They could have particular styles or things that they specialize in and wholesale the rest. 

Quote from @Drew Sygit:My apologies w/my earlier post (below), I was on my phone and not laptop so it wasn't tagging.I will if I may add some additional thoughts...1) The appraisals I've seen in these markets are no where near Zillow estimates. 

Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!

Additionally, you want to start building your "Core 4": agent, GC, lender, and PM. 

There is only a limited provision to make additional fixed-amount payments once a year. 

Additionally, those forced to relocate due to the fires should update their address with the IRS to ensure they continue to receive relevant communications.

Location. 25 minutes to beach, 40 minutes to Florence, 15 minutes to Pisa, 60 miles to snow skiing.  10 minutes to Home Depot style store, etc.