It is possible to get 90% of your purchase price and 100% rehab funded as a first timer in 1-4 units.  

Funny you mention the whole GP / LP thing - I spoke to someone recently who claimed to have raised $10M+ for a fund and owned over 100 units.

I've used a third party management company for all of them, and have not seen any appreciable difference as far as how passive they are.

I don't want to only be an investor, I'd much rather be a GP and lead syndicates, raise funds, all the things I've been doing already with my recruiting agency.

Funds are beginning to run extremely tight.   

This means building a budget that includes setting aside funds for your next investment.

I've been in the real estate lending industry for over a decade, helping investors secure funding for their deals.

Do you use your own cash or do you have a lender or investor funding your deals?

You can contribute by finding deals or managing properties in exchange for a share of the profits.Lease Options: Control properties without owning them by renting with an option to buy, and potentially sublease for profit.Owner Financing: Buy properties directly from sellers willing to finance, bypassing traditional lenders and often requiring less upfront money.REIGs: Join real estate investment groups to pool funds with others for property investments.For a more hands-off approach, investing in turnkey properties in growing markets with minimal upfront investment would be ideal (like in the Southeast and Midwest of the country).

For those that own property management companies can you give me any insight on what starting one up would look like and your honest opinions of the property management business these days.