Save money and feel better.

I have money saved up and also have a line of credit I could use for the initial purchase and rehab. 

I would also add real estate and bonds to the list as well.I think we are in a deflationary environment (i.e. too much debt and excessively low interest rates) and expect the value of most asset classes to fall over the coming few years.Like you, I'm saving my cash and hoping to buy my first rental property when prices come back down.Best of luck with your investments!

Others have said that emergency money is available - I'd save your legal fees and look into actually getting paid. 

The other ~300 records we will use yellowletters.com to save time. 

I am an Air Force Academy grad and bought a property in SoCal but looking to start off in Idaho to invest the money I have been saving for some time now.

Sometimes it's better to save the money for the next deal.

With the price of units in my market, it would take me years to save up the down payment for a multi.

It's NO NO NO, can't be borrowed funds, it's got to be seasoned funds.Fortunately, my wife helps her mom with banking, and had joint savings account with her mom for many years.

I know that the property management it's not a primary consideration but I share it with you cause I have a very good and reliable team in Orlando so I'm sure they will save me a lot of money if they will take care of the properties.I'll be happy to get advices and detail info from a local investors in those cities. please be specific including neighborhood names or zip codes where you think will be the best to put the money in.