But I'm totally interested in connecting to learn more about what lenders you have worked with too.

Total of 6 units

I'm an Airbnb host, I have 4 that I own, rehabbing 3 more than will be airbnbs as well, after that I don't plan to buy more, just rent and make it an Airbnb, when you talk to the owner you have to explain the benefits of letting you do Airbnb (house continually kept up and clean, great airbnb reviews with solid house rules, I plan to offer to fix any minor issues so he's totally hands off unless it's a big issue with the house).

Best bet: Connect with local investors, brokers and lenders to get referrals.

Unless you've done any upfront repairs on the property then you'd factor that in to your total initial investment

@Cody Blackburn i must say quit impressive to have such amount in savings. i totally agree with @Toi Perry on you listening to the biggerpockets podcast to determine what will work best for you. but for my recommendation. i will go the buy and hold route. i am new as well and that is what i am saving up for.

I'm totally aware it will be a lot of work, saving, budgeting, etc and am willing  I just wanted to know if 1-2 properties with 8-10 units sounded like it fit making 30-40k after expenses.     

After total rent , minus repairs, and my purchase price, I still managed to squeak out a minor profit( however, for tax purposes, it will still show a loss after the depreciation is added back in to calculate the cost basis, just my opinion).

Hi Patrick,I would look at the total cost of owning vs renting. 

Since you are evaluating multiple out of state locations, this may be more challenging, but I bet you could find some folks here in the forums who can point you in the right direction.