NNN leases benefit the tenant significantly- the rent increases are usually minimal, and the lease terms are often long. it’s almost like a form of rent control.

- Find the most useful accounting software (Freshbooks seems good so far)- Begin learning the PlanSwift estimating software- Research local real estate sales and land availability- Meet up with the accountant and get the business structure in place- Meet up with a family member who just graduated interior and structural design school and hash out a great floor plan- Get a few polos and t-shirts printed with the company logo and pass out to friends and family who have been supporting this endeavor3-6 Months- Meet with mentor and begin shadowing and learning the ins-and-outs of general contracting- Meet with plumber about partnering up for a spec build- Meet with realtor and begin searching for a great piece of land- Meet with lawyer and setup some of the more mundane boiler-plate contracts- Research local material companies, lumberyards, etc and begin setting up relationships for purchasing materials- Go to the county permit office and learn the processes and costs for applying for permits6-12 Months- Acquire a piece of land to build upon that has been soil bearing and perk tested, in a good location, and minimal tree/brush clearing if possible- Provide the architect with the floor plan and house design so they can stamp and complete the plans package (foundation, joist, floor, electrical, mechanical, side, site, roof, and detail views)- Finalize partnership with plumber and get contracts in place for how funds will be managed- Finalize partnership with mentor for sub-contractors and get contracts in place- Get a building permit!

A $5000 deductible would mean I'm basically self-insured for minimal things other than a fire or major roof failure. 

With the minimal risk accociated with this deal, we thought this was the prefect opportunity to test our 40 hours or less goal.

I’ve been searching at Zillow & Realtor, and usually the multi family properties that come up are minimal & are old properties in C- neighborhoods.

Then your down payment would be minimal and you will have cash on hand to invest and handle the unexpected.

I am looking for properties that will require minimal repairs and hopefully already rented!

In addition to minimally withdrawing  out of my own pocket with house hacking. 

My whole strategy has been shaped by minimizing management efforts and I would say you can comfortably manage about 40 to 50 single family homes with the right approach and systems in place.

. - Going to another market with minimal knowledge (sure you can Google your life away), sounds like unnecessary risk to me.