In the meantime I’ve been saving and acquiring knowledge and I would love to know if there are any local meetups or if anyone would like to connect to just chat about potential options!

Hire things out if you have no time for managing. use the money you make now to live personal expenses and use cashflow from properties to save, scale and acquire more assets. 

I would recommend having the tenant acquire renters insurance ($10/month) and list you as the additional interest as well.

How can we start to acquire properties with high DTIs?

Mold remediation is expensive...thankfully the seller covered it.Purchasing with tenants in place always adds headaches.

Unfortunately the OZ rules do not allow a related party transaction where you purchase the OZ property now without an eligible gain, either in your name or with an LLC controlled by you, and then later acquire it from yourself with an eligible gain in a QOF entity.

It was nerve racking going through the first purchase but I see how powerful it is now and am motivated to acquire my next deal.

All of these properties have been acquired with our own capital and with capital from friends and family; We have also got a few referrals from our same friends that have invested in our properties.

I would try to absorb as much free content as you can to determine how you want to acquire the rental property.

We are taking a tactical approach to sticking in the D(M)V area, where we will be able to acquire assets that would be easier to manage given the proximity to each other.