So, I floated the idea here on BiggerPockets to see what more experienced folks would have to say about it.

Get those young healthcare professionals butts in seats for an "informal first-time homebuyer Q&A" with you and a local lender that has some FTHB goodies (and maybe you offer some healthcare professional goodies, like paying for a home warranty plus a $1k credit towards closing costs - only for folks attending your Q&A).

We've had two-four folks parrot their subto teachings on here for the last 2 years+, they come back under different aliases and re do it. 

I've seen folks pick up single-family homes here for under $200K, add $20-30K in rehab, and refinance to pull out nearly all their capital.Indianapolis, IN: Indy is another fantastic market for first-time investors.

Additionally, no investor has received an escalation - which is good for your investment and if you look at some of the rates of returns (some folks are into their builds roughly 60-70k out of pocket, and have over $150k equity - amazing return over most investments) - even though it took longer than any of us expected - there is a lot of positive to talk about. 

Gotta say, the discussions here have been pretty informative, especially with folks like @Taylor L. and Andrew sharing their insights.Looking at your list, I’ve actually known invetors who recently ventured into Memphis and Greensboro.

how will you do things differently than those folks did?

Furthermore, if you are working on refinancing sixth and investment properties at once, I would put all my focus and energy on working with one lender or one broker who can get you the best terms for cheaper cost all your business to one place typically when I see folks do they save a bit on processing these and origination fees.

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

U invest in the fund and there is no debt ahead of you you own the debt free and clear the only risk is they buy the wrong debt and the underlying collateral does not support the investment.. which is why you go with folks that have a lot of experience in the space and now how to value the collateral.