I like the idea of getting additional liability protection on both the property + a commercial umbrella policy as we are planning on growing our portfolio.

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer

The good news is that there are still investable vacation rentals but historically the barrier to entry is growing each year. 

The end goal is to have a piece of land with multiple houses: one for my growing family but also a home for my mother in law.My mother in law has agreed to foot the money on a new property/land up front and when ready we can buy land from her to build/develop etc. 

We've started looking into real estate because we want to use our valuable time to invest in our kids as they grow and invest in our local community through volunteering, not spending all of our time working 9-5 for the next 20 years.Our goal with Bigger Pockets for this year is to determine our plan for investing, and then make our first purchase.

My parents had a 3 family growing up and I used to hate going there on weekends but I learned a lot and it obviously stuck with me.

Also, grow your contractor lists, maybe make posts about their work.  

Or you can just put it all into the reserve account, growing that to buy your next property and/or for future capex or vacancy/unit make-ready expenses.

If it's managed well by a professional, you are more likely to succeed, grow an appreciation for it, and maybe take over management some day. 

Looking forward to learning and growing along the way.Best,Dan Hi Dan, welcome to the BP group, any certain type of RE investing appeal to you?