By the time you do that 4-5 times you should be able to have a paid off home or excess funds to invest in other assets.

This is going to vary widely depending on the strategy and real estate asset class.

At the current scenario, without knowing anything about you or your properties I will recommend either to look at a loan from your assets using DSCR loan.

You'll generally still need some cash or liquid assets to get the deal done though even if they fund 100%. 

We are NOT a fit for low quality assets such as C/D or uber high input such as sec8 or mid/large MFH.

Many people don't realize that you gain as much or more net worth through debt pay-down, and while it's less liquid than cash flow, over a 5-10 yr hold period it's considerable if you buy in the right areas with the right asset class.

Is this potential $700 cash flowing asset worth it?

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

A great property manager will essentially work as a project manager and asset manager for you.

Doesn’t seem like a feasible plan.I am okay breaking even as real estate is a tangible asset with growth potential.