Or determine where and how you want to get involved, raise some capital by selling or using your current properties as assets and get involved that way with or without partners depending on your budget and goals.

Should still have about $175k in capital on hand after adding what we will personally save from our budget during this time frame also. 

Get rid of debt, build a budget, and save.

Compass was doing this for a bit, but have downscaled their investment budget.  

A rehab having a structure to work with and having to build new structure will change the budget drastically .

Develop a Financial Plan: Determine how much of your equity you're comfortable investing and create a budget for your real estate ventures.

Ultimately you have to figure out your budget and then decide what particular methods you can afford to pursue at the moment.  

I would recommend you expand your search area as well depending on your budget.

Our budget is $700k, and we can put up to 20% down.

Begin with easy projects, check everything carefully (get inspections, know the property’s worth), and move forward (plan your budget, hunt for properties, make offers).