I don't suggest putting all of your cash in one project, rather find some lenders (feel free to PM me, I can help with this as well) that can do loans based off of the property itself and not your personal income/assets.

The strategy sounds fine but will be a slower process (time) as well as more expense with your cash being tied up inside each property.I'm a fan of the  BRRRR method, where you use debt to create assets and then have the renter pay your debt off over time.

Peak can generally tell what the area is like and won't lend if they think it's not a solid asset.

Brad Orpano if passed it means they’ll get rid of requiring banks to check income on loans if they’re under a certain asset level, meaning we’d be that much closer to extremely lose lending financial conditions again

I did a full income & asset verification with my lender for my pre-approval.

I did a full income & asset verification with my lender for my pre-approval.

You'll then own an asset that pays you monthly and builds wealth over time instead of once and done.

Then your property becomes neglected and a pain and you end up selling to someone who knows how to run a tighter ship and knows how to get your asset to perform properly.

There are several companies that do qualified exchanges buy allowing you to hold shares of real estate indirectly, but the physical real estate assets are owned directly by the companies. 

Just enough to avoid  PMI, which is a total waste at $75/mo per $100k borrowed.If I could find stable assets like you mention that are 1.5% producers I'd buy as many as possible at today's resi rates.