I have 3 houses that Premier has managed over almost  9 years, and they do a great job keeping them rented to very long term tenants.

First day on the job?

Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2]   Read Rich Dad poor dad.[3]   Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.

It will also allow you to focus more of your time and resources in the actual real estate vs. raising capital which usually leads to poor real estate acquisition and operational decisions because raising capital is your full time job leaving an inadequate amount of time for the real estate.OK, chasing 32unit apartments, acquisition priced between 3.2M - 4.8M.  

How to Price the Condos: Do a reverse amortization schedule for a 30-year mortgage based on Room Rental Prices in the Area.

Build out the network for GCs in your area and start to bid jobs, then you can build out how much each job would cost.

I only have a single rental (at the moment) and a simple W2 job.

I work a W-2 day job and have my own electrical business.

With people continually migrating from CA, more jobs moving here (Tesla Semitruck factory being built as I type this), I don't know how this gets solved. 

Since this is my only property I do not mind and with my flexible schedule I am able to spend time doing this.