I went from a W2 job to building a portfolio of 500+ units over the last 5 years by starting small and scaling smart.

I would start by listening to the podcasts, i especially liked the older ones!

Or maybe have them finance the $35k as well and just start sending me checks for $10k/mo right away?

., a large upgraded kitchen, two living rooms, ample parking, and a private backyard, the home is set for completion in May 2025, with leases starting in August 2025.

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

Also, if you are a minority, WRA has the Partnership for Success program, which helps pay for your start up costs.

@Ryan Leake i like that idea as well, we do have some priorities we are working at before we start to see what a new app might look like but we once we get to that point we'll definitely keep the community up to date on announcements.Thanks for the feedback

Lenders or investors who have short lock up periods but have years of experience feeding their business with new capital would give me more comfort but anyone who is just starting and is promising a rate of return or return of capital in a set period of time would be alarming because they very well could be reliant on fresh capital to make good on that promise and that usually ends poorly.