@Brian Maida, selling costs in a garden variety transaction usually run between 6-10%. 

I personally love the variety of opinions and experiences.

Anyway, I just wanted to say I love this thread and the variety of responses. 

Much has been made of how millennials are changing how business is done across a variety of professions, and a great example of it is the real estate industry.

That is why you should learn from a variety of sources.

Our average values around $110 avg rent is $1200 - avg  net cash flow $250 all on 7 or 15 year amortization schedules our avg price point around $140.We buy / rehab / build new ( multi never larger than 4 families ) and by far I prefer single family vs multi for a variety of reasons: easier to rent  / higher appreciation / much easier to liquidate / longer stable tenants.

. $250,000 into each asset class, each $250k bucket spread out between a variety of experienced asset managers, in a decent variety of geographic locations.

I paid a lot more this time to have a wide variety of submissions without having to direct them too much at first..

Based on the variety of cities you mentioned, I have pretty good idea what company you're going with.

There are a variety of products out there with regard to financing but unless you want to write a monthly check to cover expenses you need to come up with a larger down payment.