You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

For your out-of-state BRRRR plan, building a strong local team in St.

A guru called this gator lending but I would strongly advise against borrowing funds for a down payment.

Tax Savings:While it’s true that the stock market has been strong, real estate offers unique tax advantages that aren’t available with other asset classes.

have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!

Not a strong argument ;-) I still had to pay off the loan to cure the DOS. 

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks, Sam!

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

Yes, you can expand (and SBA has some great options for that), but the basis for a strong expansion is really understanding how the business works.

However, in Los Angeles, multi-family properties can be expensive, so you’ll need to run the numbers carefully to ensure it cash flows.A few things to consider:FHA Loan Limits: Check the max FHA loan limit in LA for multi-families.Neighborhood Selection: Look in areas with strong rental demand but potential for appreciation (e.g., Inglewood, North Hollywood, Long Beach).Value-Add Potential: Minor renovations to force appreciation will help when doing a cash-out refinance or 1031 exchange later.If you have any other questions, send me a DM or email!