To try to acquire all that real estate with your limited funds and experience, and being tied to a private lender and an inevitable difficult refi. or married to co-owner, is asking for trouble.

@Ethan Cooke From my experience, the most desirable and consistently booked properties in San Francisco are studios, 1, or 2 bedroom units.

Like I said, there are many definitions for the same word.Until you get a bunch of properties and you need to worry about the tax implications of co-mingling funds, keep the properties in your personal name. 

I ran into this issue with crowdfunding, being that I am a non-accredited investor, thus, I resorted to the stock fund investment path.

Irma is definitely going to effect our market and I have a feeling quite a few folks are rethinking investing in some areas that were otherwise pretty desirable, specifically Riverside and San Marco.

You might as well save yourself the headache and put that $ into a mutual fund which will get you 6-8%, you should be looking for deals with 15% CoCR. $200/mo without paying your self for being a property manager is not a good deal!

Especially if in reality the carpet has lived most of its useful life and its time to change them anyway...I totally get the desire to want to stand by your principles.....and I hate to cave to tenants since it also trains them to be a PITA to their next landlord.... but its s business and you have to pick your battles and move on

My goal with real estate investing is to build enough cash flow to fund my other business ventures as well as donate to financial literacy programs.  

How do people traditionally go about funding this when you just get started.3) Take out a home equity line of credit. $20k again. 

You're interested in lending your funds on fix and flip projects?