It sounds simple but something tells me it isn't.A secondary inquiry would be whether or not I could sensibly handle multi-unit (5-plus units) properties using commercial loans - an area I've never venture or come close to inquiring or learning much about.

My dream is to become a Venture Capitalist and the only way I will get there is A.)

The out-of-state property management does have it's challenges especially when there are build-out projects happening, but it can be done.I have worked with a lot of what I call "serial entrepreneurs", who don't always just stick to one type of business venture.

I'm not sure of the right stratigy to leap frog this venture.

Too many people switch their focus and end up messing up two ventures, the one they know and the one they expanded into.

His system is based around getting lines of credit, credit cards, to fund business ventures.

On the side though I'd like to venture into small/medium size business.

Given this info, I would venture to say that the ARV would be at least $300k.

I wish you great success on you real estate venture.

And good luck with your new venture.