The members of MM will likely be myself and my wife as we are going to make a marital property capital infusion to cover the costs of setting it up plus some minor working capital.  

It took a re-finance with a $20,000 cash infusion with whatever loan pay down I had accumulated AND 4-5 years to get mine to support itself.

-Buy and Hold long term with periodic refi distributed back to investors-Systematic refi or infuse syndicator equity to buy out investors-Sell in specific time period...with or without the option of 1031 tax deferred exchange into a new asset.

As long as I don't need the capital infusion to maintain my investing then the Brrrr strategy works well.  

Having a steady source of additional capital to infuse early will really help you accelerate your investing for cashflow.I see you've found our local meetup here on BP. 

I normally would not say this but if you have alot of equity you may want to consider selling the property to use the funds to bump your credit up and buy more real estate or possibly do it via an installment sale with a large down payment to get a cash infusion to payoff the loans and cards. 

Leveraged people generally get in trouble because they either own properties that will not cash flow with leverage, which requires constant infusions of outside funds, or they have no liquidity and cannot absorb any hiccups in the system.  

We have a really cool market down here: a hodgepodge of college town, retirement community, a major military base and AirBnB-friendly tourist town with world class golfing and cycling, all with a healthy infusion of Mexican culture.

These properties look to be negative cash flow after accounting for the opportunity value of your cash infusion.

The bank takes a 2nd lien on the donor property and the "cash" from that lien is funneled into the new property to provide the equity infusion needed.