Like how much $ is a little money, what city Adam intends to buy in, is there continuous income to pay mortgage, etc.If I have to comment in general (as a fellow investor), especially for young people starting out, first consideration is affordability. 

Depends what area you're in, I bought a duplex for $230k with an FHA loan and once I move out, my total rent will be around $3,000 per month.

@Chris T. good to know, hopefully my buddy Alex goes tomorrow and can get tied in.

I also figured that in 5 years if I was able to go all in with REI then I would already have the course work in. 

I provide funding for the deal and he provides the rehab and property management.The money I put in is 95K and he will pay the $2000/m which is just interest.

We made the mistake of demoing 2 trailers that had roofs caving in. 

Its all built in. 

Back in January I figured I would pull out some equity out of my current house I live in.

This was a property my family member lived in.

Both will likely stay in touch with you, but we always like to see that reciprocated.If new construction is solely what you're interested in, I have a couple of hyperlinks below that I have attached to a couple of MF builders.