I live in Phx,az and recently friend of mine sold his bank (ex bank of america) literally as is and profiteed $300k  , he purchased it right out cash last year (I think) and it was in real bad shape in a shady part of town,  before him taking possession of the bank  homeless people where living inside it an using the bathroom anywhere in the building, he put maybe less than $5k in just cleaning it up and just a couple of days sold it.Basically the idea is to find super cheap homes in ****** conditions but the price is so cheap that you could still make profit by selling as is, investing as little as possible..

As far as fund administration goes, try NAV Consulting, they’ve been great so far.Best Regards, 

As far as the "junk fees" - ooof!

I have a friend doing the same thing as far as in-house travel nurse situation.

He will do some small cosmetic projects, but nothing too involved as far as rehab goes. 

If it is all virtual I assume you could live in Greenland, if you wanted to.As far as "getting into the business" - I would recommend you think long and hard. 

Thia is so ****ed up to top it off I have been getting state aid to pay my rent and they want to go back 10 months and charge me all those late fees.

This is why you're running into some of the issues you are as far as restrictions on use of the funds for a real estate investment business.

As far as moving, most DSCR lenders will allow you to be an out-of-state investor.

The actual unit size is irrelevant as far as this is concerned.