But in order to really make the break from being a wage slave (or worse) to being financially prosperous most people will need at least a few thousand dollars of seed money, maybe more, to "prime the pump", to invest in places where within a few months or a few years, at most, they can begin to reap dividends that release them from wage slavery.Acquiring this "seed" money is likely to be very, very hard for most people, for a host of reasons.

You still need to keep track of income/expenses on a per property basis even if you have 10 properties in one partnership.In the similar fashion you track the initial seed capital contribution you should be tracking subsequent contributions needed to fund the construction etc.

Example: If you're 17 years into a 20 year roof you'll need to have the means to seed that reserve fund so you'll have adequate funds to replace the roof in 3 more years.

(Had a friend sell their modest suburban home in LV and buy a McMansion in Houston with cash from the proceeds and have enough leftover to seed their business.

Some verbiage may be confusing but with each one you will walk away with some seed that sticks with you.

So that leads me to the question: we live in Florida and we recently paid cash for two out of state properties and I would like to get my seed money back out of them so I can purchase more property.

That's exactly how I got started in REI and I look at it like I'm planting seeds right now and will start to see the great results of my efforts in 5 years or so.

There are 2 Golden rules to REI, and GR#1 is "Never, under any circumstances, for any reason, ever, spend you seed money (that's your cash). 

I planted the seed. 

Land has a smaller cost of entry to get into, and if you could buy a piece of land from someonefor $100 and turnaround and sell it for $500, you could build your seed money to move on to bigger RE projects.https://www.landinvestors.com/forums/BTW, I have no affiliation with Landvestors or Landacademy.