With that low of an amount I'm unsure how I would be able to purchase multiple properties, get renters in the door, and still make a profit?

Hello all,I'm currently living in Germany for work (not sure on how long my family and I will stay here but we're hoping for the long run) and own a property (lived in for just over two years) in Northern Virginia, which is currently being rented out (and managed by a PM firm).I would like to own multiple residential properties to serve as extra income and eventually move onto commercial investments (or possible multi-family properties, such as apartment buildings).I'm here to look for advice on how someone in my situation could start pursuing this goal.

You can have multiple gas meters installed so that each tenant pays their own utility bills.

Conventional loans usually lead to a slower close, and I am hoping to create the ability to work on multiple properties at the same time.In my experience, conventional lending requires the property to be inhabitable at the time of purchase, ie. roof, plumbing, etc.

By having multiple options I am able to increase my revenue.If my experienced agents had $7,000 to spend on marketing they would get more than one listing.

Ken is strictly 100+ units and he does already have a company that owns multiple properties.

I have been told that a good way to do this is to get the tax records for houses bought within the past 6 months or so in the Charlotte area to see who is buying multiple properties.

YouTube and Google are your best friends when you get stuck.Painting and clean up are the easiest, followed by drywall and tiling (drywall requires a lot of patience due to having to use multiple coats of mud), and then comes plumbing and electrical.Get the right tools for the job - a good cordless drill and saw, trowels, paint brushes, etc. the extra few dollars will save you a lot in trips to the store and lost time.

@Karen MargraveThank you for responding, I have been to multiple REI Associations meetings, signed up for Meetup and talked with 14 different real estate agents, even went as far as meeting with them face to face.

We've done radio (for motivated sellers) on multiple stations in multiple markets and we've never broken even on it.