There are so many plays to run in this game I don't have time to type them all. 

More than happy to connect and strategize game plans any time.

Game changer.

Somehow I think it's better to hold onto my own money and keep that dry powder on the sidelines waiting to get into the game if there are some emergency expenditures (haha, very likely with the kinds of deals I'm thinking about in class C neighborhoods).

Buying a single-family home with a detached garage and converting it to an ADU is much simpler.

We're probably not going to take the risk if we're busy agents to play that game. 

I don’t mind having skin in the game either, but I know using private money is key to scaling one day and would like to get some experience with it now, even if it doesn’t fund a majority of the deal. 

RE is a long term game. 

The collateral is so so and some have preferences such as certain asset classes they will invest in, but generally speaking, you can obtain an equity deal with very little skin in the game. 

If you understand the math of it all it should come very clear, the game is NOT best played (1) buying in all cash, (2) buying and sitting on a property for decades on end.