You may be able to find a local bank that would hold the note if you bought it outright, but anything under $50k and most times under $75k is hard to borrow against...it's just too low for a bank to make any money without triggering usury or State/Federal fee limits like they mentioned.

Also try to attend your local REI networking groups and meetups. 

go to local REIA events and just network, see what people are doing and find ways to learn.

Do you attend any local meetups?

I've started working with a builder locally on our first Development/Build Project.

I hosted attorney panels in local REI clubs, and there never was any consensus.In our great state of Texas, your best option could be a Series LLC: one LLC that has individual compartments for each property.

This involves research, networking and gathering local knowledge.

I haven't attend any of those even though I do get invite @Margarita Bozhenkova

Jay,I recommend finding an accountant who specializes in real estate taxation over one that is local. 

We will usually comp cleaning fee or give gift cards to local restaurant to comp any legitimate issues.