Ok your responses are from lenders that want to make money lending HM.HM is basically not appropriate for any kind of longer term hold  ONLY fix and flip and only if you really know what your doing.I would be very cautious borrowing money..better set up for you and safety is going to be a JV deal.. where the PL is your equity partner and is in it long term with you if its rentals you want to start to acquire.

"The host were really incredible teachers and the modules were set up perfectly week to week.

To set your prices, do some research into the market, the season, the demand, local events, and what your competitors are charging.

  , and I set out on a goal for the year to meet with at least one individual or couple each month who is passionate about their real estate journey.

So I trade risk related to out-of-state investment, with risk to hold huge leverage in over-bloated market in tenet friendly state, but I am losing opportunity to build a skill-set of out-of-state investing which will help me to scale faster and be flexible in the future.If we buy cheaper house but further from the city, we will spend a lot more time in the commute(3 days in the office mandate), in this case we will trade time(commute) for money(affordability) it makes it not an investment, but another work.

Must I set up a multi member LLC?

I have one myself that I funded after selling my SF home and once I set up my policy, I took a low, simple interest (5.5% for me) loan that I then used to purchase a 4 unit MF; now I'm using it to fund the renovations.

Learning to manage tenants, property managers, and projects is a whole other set of skills.

@Lina BibikovWe are currently setting up to market specs.

There are plenty of block that are still rough you can't sugar coat that, but projects such as the Pennovation Center and the Bellwether District are set to bring tons of new jobs and value to the area.