:)   But in an ideal world....or at least a less risky one, how much cash reserves would you recommend having before starting this great journey?  

I just have a feeling that it would be more ideal to sell at retail, purchase a rental and go from there.

I live in Beaver County and I am seeking 3 to 4 unit properties in the greater Pittsburgh area under $215,000 that will ideally cashflow around $200 per door.

Ideally traveling before the end of the rehab ensures that they take acre of details that sometime the camera does not capture.

If it is multifamily I am looking to make sure that the income from the other units can cover my expenses and ideally provide some cash flow.

Normally if you follow a pure spreadsheet model you will get a house with a funky layout that isn't easy to change in a area where tenants aren't ideal.

It was not an ideal fit.

Ideally, I would love to invest in a deal where I could eventually rent on AirBnB and be a place where I could also occasionally use as a get-a-way.

We’re also open to doing it with a condo, but ideally a 2-4 unit.I’ve seen buildings that need some work (mostly modernizing or repairs like a new A/C) that I have stayed away from because we are trying to limit the amount of cash we’re putting down. 

An ideal situation would be a property that I could either house hack or at do short term rentals out of when I'm not in town.