Identifying the right market can make a huge difference in the success of this strategy.Curious to hear...are you planning to manage the property yourself, or are you considering hiring someone local? 

Currently have 3 rentals and conventional lending has been my norm, but all the local lenders are predominantly 25% down. 

Just keep the amount within any local rules and give proper notice.

I really appreciate the insight and guidance, especially about attending meetups and connecting with successful investors in my area.I’ll definitely take your advice to heart and start looking for meetups.

Connecting with local experts can also provide valuable insights to refine your strategy.Good luck!

I prefer small Strip malls or self storage.I need advice on how to find the deals, how to get lending on them and then how to set up the structure.I have flexibility to fly out next month is there are peers who can meet and help me out in their local markets.thanks,Paul 

In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.

By private money, Im assuming you mean local people lending out their IRA funds and personal funds.

Follow the lease and local statute.  

@Kevin Zmick also consider if you have an area specific advertising forum, a local facebook group,  or an area specific advertising platform you haven't tapped.