The best thing to do is to build up a strong team with an investment specialist realtor / broker, property manager, contractors, inspectors, lenders, title companies, ect. 

and booked one today in fact  you pay 5 bucks more a night and that allows you to cancel within 24 hours of check in..

Top residential brokers without teams on sales typically do about 300k to 500k ( New York and CA would be different as more money made but also lot more money spent on listings not sold so can lose your butt or do well).

In the state of California, to represent property owners by managing their properties, you need to have a real estate broker's license, or work under a broker that allows you to do property management.  

The response I received from the PM was that it's due to recent legislation where she's seen "professional" tenants take advantage of recent tenant protection laws that allow them to stay in the property without having to pay rent for the term of the lease. 

House hacking a single family home in Las Vegas would be a great start if your living situation allows that. 

@Prabhash Shrestha What kind of loan are you approved for that allows 20% down on multi family? 

I suppose the idea of using the HELOC is that it allows me access to greater funds more quickly than waiting around to save up the same amount in cash.  

Investment properties will usually allow 65-75% of the value. 

Looking to build a team to manage our apartment complex in Dallas remotely.