It's not realistic the way you laid it out.

I have decide not to out it for now.

I tried to put the pieces together to build a solid team out there but it's really tough unless you have someone local to help you run it or are willing to drive back and forth.

My mother originally agreed for me to refi some money out of the equity of a house we co own but then she changed my mind after I signed the contract on the guesthouse.  

Look at the article here: https://www.uhaul.com/Articles/About/U-Haul-Growth-Metros-An...If your interested in learning more why I invest here in the DFW area feel free to reach out directly to me.

I’m sure you have found out more in the hours since you posted.  

Wholesaling real estate is among the hardest possible ways to start out your professional career. 

We’re used to practical, bread-and-butter multifamily, not luxury one-offs, but we said yes to help out.

If you're planning on doing out of state investing, I would recommend a condo/townhouse.

If you cash out equity in a property, you are "borrowing" that money from the lender.