I’d start with a smaller deal - buy a 6 to 12 unit say - raise money from your social and professional sphere - people who know you - who you have a beer with etc.

Readers should seek professional advice.

Hiring a lawyer sounds expensive, but it is way cheaper than hiring a amateur (in this case yourself) who costs you money and provides no results (and then you need to hire a professional anyway).My personal philosophy is to "do it right, or do it twice" and its way cheaper to do it right once. 

It’s great to know there are resources & professionals like you willing to help guide new investors.Looking forward to connecting & continuing this conversation!

Are they being professionally managed or DIY managed?

If you have some connection/professionals that you trust who can give you unbiased information on the area you are interested in investing, then remote investing becomes easy.I live in Texas, and invest in the Midwest (IL, OH) because we have boots on the ground that provide us necessary infrastructure needed to underwrite, buy and manage properties.

The second page is a page for the doctor or professional stating what the tenant is requesting and giving them a little info as to why we the landlord are asking for it. the 3rd page is the ASR with simple yes-no questions. the 4th page is the approval or denial with what information was considered as well as contact information if you want to allow the 2nd review if a larger company.  

Those typically seeking $30-$50k are for down payments or second position liens. 2.

After reading Brandon and Brian's book, The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate, I'm a bit puzzled as to if the GP's must have real estate experience, or if someone can connect enough professionals/companies on their team to execute successful investments.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?