If you have a 6 bedroom in an area that does not have a university (students looking for shared space) or is in a family friendly place it may sit vacant longer between tenants.For Capex, try not to use a generic number - look at the roof, furnace, hot water tank, kitchen - when will each need to be done and what will it cost?

It does not sound like you're in that type of market based on what you shared.

.-  Investors may participate by purchasing individual shares at $5,000/share. - The minimum investment is $10,000 (or 2 shares) so small-balance IRAs, HSAs, and Coverdell ESAs may participate.

Thanks for sharing your success!

MAYBE HVAC, but that is less clear because the total cost of ownership of a very efficient system might not be that much better than a mid-grade system these days.

Feel free to reach out—always happy to connect and share ideas!

That “DIY spirit” and willingness to dive into hard work will undoubtedly serve you well as you grow your portfolio.This is a great space to connect, learn, and share experiences.

Shoot me a message and I can share some more details with you. 

Would like to network and share our contacts and experience with contractors, lenders, experience, etc.  

I would generally agree with the other posts from @Jonathan Greene, @Drew Sygit, and @Danny Gonzalez, and @Caleb Brown, but something I think would be helpful for you would be to share the profile of a type of property, price point, and the amount of rehab you're willing to do (given your mention of S8 properties) that you are interested in acquiring.