While it lacks the ability to scale beyond what you are capable of doing yourself (until maybe you get some bird dogs), it can definitely help you to get started.I wouldn't worry about the number of leads you generate by doing this. 

My license has given me the ability to network with various investors who are like-minded and have similar goals to mine.

The best thing to keep an eye out for are tools that give your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to build credit; this can create an added incentive for making sure they pay that rent on time).

Even though I am confident in my abilities to identify most issues, I always hire an inspector for the following reasons:(a)  it is a second set of trained eyes looking for problems(b)  any problems I find without an inspection could not be used to retrade or cancel the contractI consider the $400 a bargain when it comes to getting another opinion on structural issues with a six-figure purchase. 

@Marco MorkousIt's never the number of properties you have, It's whether YOU have the ability to scale up your skills and abilities to handle what you are taking on.

The approach Dan described is a possibility but you face two critical things: 1. you need to find a lender in the current environment that wants to fund your deal and that will only work if you have the ability to carry the property.

ability to do subject-to plus buy and hold goals for the year How did you find this deal and how did you negotiate it?

Got a new solid tenant within a week.We found out the old tenant shortly thereafter stop working so likely would have had the ability to reside in the property without paying any rent for the entire remainder of the original lease term because of Covid eviction moratorium and court closure, and then court back log even after the original moratorium ends.We just got lucky (or feed up with frustration) by taking proactive steps to remove a problematic tenant.

I have her DL, SS# (hopefully she gave me the right one :-))- Apart from keeping pictures, notes of damages , and a bill from handyman, sms exchanges, late fee records, anything else I need to do to strengthen my case infront of Justice of Peace court.

The other thing we like about Chicago is the ability to take advantage of Chicago being a transportation hub- Direct flights to other cities we've invested in.