5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.

Now, you need to figure out how to find deals and pay for them.

If you intend to pay cash for the property, then purchasing it in your LLC is a good idea. 

At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.

With that in mind, you'd also have to make sure the land you'd buy has water and electric running to it already.

If your paying cash to buy and rehab then refinancing I get that.. but your still paying for two closing costs.

Be prudent and cautious, but take calculated risks.REI meetups are a great place to meet like minded people and connect.

We will keep this in mind.

If you buy in a vacation area there really is no safety net other than desirability/location…I guess just don’t pay up too much.  

At the moment I have only been looking at SF and 2-4 MF I would not mind either just making the numbers work is hard. 2-4 MF are hard to find in the Las Cruces market right now but they exist.