@Tyion Bridgeman @Brie Schmidt Since I am still inexperienced in the space, I am hoping to find a relatively low risk turn-key or cosmetic fix-up multifamily property.

Purchased my home for 127,000 at the age of 20. 18 years later the market finally rebounded and I should be able to sell it for 135,000.  

A poor realtor is a poor realtor regardless if there is any relation to the buyer/seller.

@Jason L.Capital gains and profits are related to the acquisition price and the sales price.

Higher average age might also help you choose which CRRT to selectCheck the requirements, and how much work you will need to do - for instance, EDDM rates require that you drop off mailers at the individual post office where they are delivered.

OR you probably need your relatives to step in here to help. 

I’d suggest getting the loan in a parent or relative’s name and have an agreement with them to split the appreciation/ income. 

John Lee you should track your business expenses and income for everything related to the property.

We prefer to make the investment relatively close i.e. 2-3 hours flight max.We want to start small as this would be our first but start at a location where we can then buy more and bigger investments (like an apartment complex) once we have a local team and understand the micro-markets and details. have been considering buying something from roofstock.com to begin with. 

I’ve read Brandon Turner’s Rental Properties book and Low (no) Money Down investing book, along with some other non-BP related books.