That can be a draw back if the market is on a mad run up tho.Also, I would always have enough in a heloc to cover your 401k loan in the event of job loss or if you quit your job. 

Anyone have some first hand experience with RADD/REIT that Dutch Mendenhall runs.

Start running numbers on potential deals to get more comfortable, and build out your team—like a CPA, property manager, and lenders.

It can make life easier when it comes to having to make a business decision and think with your head, rather than your heart. 

If you have someone funding the entire deal, you have ZERO risk in the deal and get 50% of the profits - run with that.Lets look at it another way.

For that same capital, I can buy a run down project and renovate.

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

$1000 per door is a grand slam out the parking lot home run!

However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.

Hi @Chantelle Lewis - We run a boutique STR/MTR Management company here in LA.