And how much would you have to spend in order to get market rents?  

I really want to do an apartment building but i want to build a track record first of smaller deals and just looking for a strategy to get into deals similar to a subto or wrap.whats an agency loan?

Hey @Jay Fayz, I like that you want to take action on getting started!

@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions. 

You could get at max 70k from that deal (minus closing costs).

Quote from @Jaycee Greene: @Basit Siddiqi Just sent you a DMI read your message but I am not sure it is what I am looking for.It appears that are a mortgage broker and help investors get financing (correct me if I am wrong)I own a lot of properties free and clear. 

I feel like these are my only options:- House Hack: Would I still need to pay the 6% tax rate if I'm getting rental property insurance?

You can call suppliers, but may need very specific details to get a meaningful number.

I'm sure I'll have more questions as I get into things. 

If things go sideways, you discovery greater rehab expenses, the market takes a turn for the worse, you can get in the red quickly.