I didn’t like the expense involved when I researched cost of maintaining a business account to self manage 1 rental and found that the LLC route wasn’t necessary if we maintained an umbrella policy, so I just keep track of rental income and expenses (not that hard) on the one I self manage and any extra expenses on the ones managed by property management to add to their annual summary for my accountant.

A lot of times the lowest rate lenders actually have higher fees and closing costs, offsetting their low rate anyway.

Flipping is 10x the time that wholesaling is, in or out of state, and if you don't pay attention you will lose and lose on contractors.A first flip will take you 2-3x longer than you think, cost 2-3x more than you think, and one contractor will walk with your money at least.What you are trying to do is to create a side hustle in real estate, but you are biting off things that you don't have time for.

So I loaned out high and and bought back in low.

You'll want to look more at the closing costs than the interest rate since you should have 50k worth of work done in a few months and your rate is annualized meaning that you'd be paying about 1% interest per month.

While the cost of a system like this is high, I find it appealing to have all keyless entry to the building and units.

What I paid for it + the cost of the improvements (~$200k)2.

I am hoping to make a low offer closer to 1 mil due to the time it has been sitting on the market and not paying a buying agent 3% but just using an attorney.

There isn't much scale in your current idea, but there are a lot of mobile home investors who figured out for low money down to start.

After a year, you can move out, convert it to a rental property, and then use a conventional loan with a low down payment to purchase another multi-unit property as your new primary residence.