Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

I have joined a couple of groups on FB, and connected with some other people here.

Quote from @Angelica Crawford: Quote from @Brandon Croucier: Buy where you see the greatest ROI over the next 10 years, forget the primary.The difference in interest rates will be negligent if your buying the right assets in the right places. 

I've discussed with the county phasing the buildout in 2 steps, building 2 units at a time. 

well 70% of 455ks isnt much more than you currently owe at 283k the 70% of 455k is 318.5k and after closing items you might only net 20-30k tops (new loan minus current 283k - closing items = net proceeds in "hand.").So The question you should be thinking about is what are my closing items and is this enough cash to accomplish my mission/goal?

That way we could start renting without needing a new down payment and all of the closing costs.

"What is your take on the current state of the multifamily market?"

The woman's income covers the bills, and the employer's reference for the man adds credibility.

Either the numbers work or they don't.

I’m a bit of a nerd with an analytical streak, attempting to break out of my shell and be more social—so if you see me in real life, get ready for a nerd trying to be outgoing!