My plan is to set up a syndication fund with Canadian (and U.S) investors to purchase short-term rental properties in the Puerto Vallarta and Rivera Nayarit area (which is booming).

My main goal is to find something relatively close to the DMV area but without the DMV price tag.

My 2-5 year goal is to acquire 1-2 more multi-family homes. 

The reason I mentioned it is to make sure he has a 401k and not an IRA..

If you can solve their problem, you can usually buy the house.When you are a new wholesaler, the best thing you can do is to get some reps calling and looking for another wholesaler in the area, before you put your own money down on it.

Our end goal is to get it paid off for cash flow and use the equity to buy another house.

My biggest desire is to have RALs.

My goal is to leverage that equity for additional income.

Quote from @Yaroslav Shtogun: Thank you James,Do you know how difficult it is to do dimensional variance on the lot?

I imagine the only way it would be possible is to do the bulk purchase in cash, sell off a couple and then put debt on them?