Tenant handles all utilities and lawncare.

There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).

Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

The first apartments I rented as the owner, were previously rented by the former owner at $150 month including utilities. 

Most likely raising funds from passive investors would utilize a Reg D 506 b or c safe harbor exemption from registration.  

Playing sports isn't forever and I know a 9-5 isn't for me, I am very much desiring to get ahead and learn how to build wealth from all those smarter than me! 

@Chris Collins  Tenants usually pay all utilities. 

However, if you intend to work with a hard money lender or utilize a short-term loan product, you're on the clock for repayment, which can be stressful if things go sideways. 

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

Plus the challenge with mid term is you are generally on the hook for things like internet, utilities, etc.