It is no different than hiring an employee who has check writing capabilities.

If you are a salaried employee with good credit you and solid ratios it should be pretty quick. 

@Mitchel Foster Hi MitchelWhat small town in South Dakota did you grow up in?

Should I just asked to be paid as an employee or possibly a management deal of some sort?  

For example, bona fide owner of residential property and their regular employees are exempt when their work is in the regular course of or as an incident to the management of the property." 

You will want to essentially have one set of finishes you use on all properties, with the changes being driven by layout.But the systems you use on your first 2-3 properties will not work for when you are in property 15-20, but the systems you have in place at 15-20 are not possible at 2-3, i.e. being able to hire full time employees for specific trades.Ultimately you are a construction foreman, so a giant whiteboard calendar outlining trades, projects and timelines will help you keep each one in order.

Hey John,  I am understanding that there is a similar 1031 Oregon 4% tax to that of California that was mentioned by Dave Foster that you might check into? 

I'm still a full time w2 employee, so my investing is in addition to a regular work week.

Thank you @Sharon Foster for the kind words. 

Otherwise you stay an hourly employee, even if your working for yourself.