Everything you said is exactly why-- debt levels, market demand, associated costs(taxes & insurance).

You have a “full” package including property(s) identified, acquisitions under contract, appraisals performed by MAI appraisers, historical financial statements, pro forma projections, surveys, title reports, feasibility studies3.

MBA is the Mortgage Banker Association if you are not familiar.

I Would look to do as much of the work associated with the value add asi could.  

According to an annual report from the National Association of Realtors (NAR), 26% of buyers were able to buy without a mortgage (see graph below):Imagine buying your next house in cash.

NAR doesnt, because they dont do any lobbying at the state level.However, some state associations have been involved in this, which is why Im involved in MD and DC. 

This is something that now NAR (National Association of realtors) requires as of August 17th 2024.

I know building a reliable local network will be key, so I'm hoping to connect with experienced real estate team in the area.The military presence in Jacksonville catches my eye, and I'm particularly interested in properties that might appeal to military personnel and the associated contractors.

That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious). 

My best appreciating properties have appreciated over $10k/month over the hold period.the best investors evaluate the risk associated with return.