Plus I painted the whole house and it cost me 2000$.

You have to rehab it, market it, sign a bunch of paperwork, hope deal actually closes, etc etc"I think you make a good point in that you should be looking at all of your investments as vehicles and ask "do they suit your comfort level and help you achieve what you're trying to do?"

@Jordan l@Jordan Leithart If you're going to invest out of state, my advice is not to choose a market based on the fact that you spend a lot of time visiting family there but base it instead on whether the market fits your criteria and offers the best chance of achieving your overall financial objectives.

The rest are ok for now, but the plan is to remod the whole building and get those high quality renters in place.

I know the whole It takes two years or so to build the LLC credit and after that the LLC should be able to obtain a loan as an entity. my question is geared towards before we hit that two years of building credit.  

I did this deal many years ago and it took a fortune of cash.I worked *hit properties to get that cash.In your case, Jon, I'm going to be honest and say it is highly likely there's a mysterious allure to having a plan to buy a whole bunch of units 'way out there' as if you have discovered some really cool advantage that others have missed.  

I'm splitting the whole deal 50/50 with a cash investor. 

Ask this person for a chance to pull this whole thing together.

I’m getting all kinds of whole deals come my way.

I hope you achieve your goal fast.Anyways lets connect and talk more.'