I've heard about people creating Property Management businesses and billing their properties for service... which seams easier but I know that subjects me to self employment tax (but does open up other possibilities of self employed 401ks and such).

It is also my understanding that several types of loan products including the VA loan and I forget the other one will not qualify if there is any sign of crumbling with the asbestos siding so you may be limiting yourself on the selling side of things if you do not go over it with vinyl.

@Dean Ng@Jeff S. explained it well ... as usual.I’ve been private lending in SoCal for 13 years now, almost exclusively to SFR flippers … never lost a penny.

He ended up  took the owner of the home, his construction company, my 12 yr old sister and my father along with my dad's self employed business to court .

Do you self-manage them all?

I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more.i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)

It is a condo building and I did include questions about type of window, if anyone has ever replaced any windows (built in 04 so guessing not). 

-Self-promotion is not allowed in the BP forums, but any good investment lender who can answer these questions can help you.I'd greatly appreciate any recommendations or suggestions on how I could go about this process differently.- Your options are to either wait out the 12-month waiting period and refinance into an investment property loan using a conventional loan or look for a non-conventional loan.

By the time you get to know the market, you'll have a better understanding of the players, including the wholesalers and investors.

And many believe, myself included, that if the Federal Reserve sees a trend up in inflation, they will be less inclined to lower interest rates.