Once that is complete, we plan to purchase the Pro membership.From what I have seen, the REI community is one that is open to helping each other and look forward to meeting like-minded people in our area.

I have purchased a lot once before, but this was under the expert tutelage of a builder friend of mine in a different market (Colorado).

If so, you can do a delayed purchase and go into a bridge loan and get the rehab funds.

So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.

It's one of the shadiest parts of real estate and everything you said in the other forum post made it sound like you wanted other people to partner with on every deal.

Purchase price: $840,000 Cash invested: $285,000 Sale price: $1,200,000Full renovation of all 4 units.

I’ve always been interested in real estate investing and have been saving up while living with my family for the last couple of years.

I expect it to be similar to real estate farming.  

What entity structure is best for my specific real estate investment needs?

I was looking to rent out my current home and purchase a new property out of state.