I forgot to add, we live in South Texas (McAllen in the RIo Grande Valley).

I'm located in the Grand Rapids, Michigan area and am open to properties basically anywhere in southern Michigan (anything south of Muskegon from Lake Michigan to Lake Huron is fair game imo.)I now have a fairly large nest egg of cash beyond all of my other investments (stocks, bonds, treasuries, crypto) and I want to turn that cash into a real estate investment or investments and I think my deep background in tech, systems, and marketing should be able to help me substantially.It seems to me like BRRRR on multifamily units makes the most sense, but I'm open to suggestions.I'm basically retired at this point as the only work I do each week is 3-4 hours of consulting for larger tech companies and I'm on a couple advisory boards.What are the best first steps in building a team and creating the systems necessary to start making deals?

Good thought, small change in the grand scheme of it.

My wife and I plan on moving to Grand Rapids in the next couple of years.

Look at Lewisville, Denton, Arlington, and Grand Prairie I would focus south of I-20.  

"   I tell them straight up , " Of course it is at 6% of $670k  thats close to 40 Grand .

Note: you can Never hire a parent, sibling, child,grand child or yourself to work on the property and none of these people can live in the property.    5.

This has happened a grand total of 1 time in our entire lifetimes.

@Ana Vhan as others have pointed out there are lots of good areas to invest here in the valley; but what I have found is that the highest rent for the lowest investment is single family homes in Casa Grande.

    - Curios about STR's - Located Grand Rapids MI -WANT TO START A REAL ESTATE DYNASTY I see myself as an advantage player in the real estate game as I have a few helping connections from my current business and a lot of knowledge on improving homes, managing clients, and building a business.