I did Eddie Speed’ Note School training online, but at a cost of $72K for 2 years of supported access to his mutual fund of Notes, I can’t get beyond the sticker shock of Eddie’s mentoring program, but would love to do more DOT/Note deals if I can find them.

I still think looking for a TLC 2-4 unit can be a good idea to open up the ability to upgrade/renovate to speed up the equity position and tap into the ARV to pull your initial capital back out plus in most cases enough for the next down payment. 

It needs to be a certain speed, certain smoothness to your due diligence and underwriting procedure, you really shouldn’t get too much into the weeds, especially when calculating monthly costs.  

Someone who is 25 and single just starting their work career is in a much different place than a 45 year old adult with a family and entering peak earning years - so too someone at the end of their work career with kids launched and on their own   And then there is the opportunity cost to any investment decision.

@Nathan FrostThe advantage - some will do 90% and 100% construction but recognize your signing a personal guarantee and will be paying 10-12%+ for interestBenefits of a private lender are speed to close, creativity in cross collateralizing etcThere are a lot of people on BP that think oh private lending is less strict than banks and easier to get.

Most general practice attorneys probably are not up to speed on these..

Getting up to speed to be all grown up in real estate like you is going to take all the help I can get!

Obviously summer is almost over, but I can build up my team until peak season. 

You can house hack too while doing this too to really speed up how fast you can scale.Finally, I'd caution you against dipping into the C class neighborhoods.

your potential occupancy rates, rental rates (peak and off Peak) etc.could you sell your current cabin, build a caretaker's quarters and somehow get a residential mortgage loan as owner occupied real estate?