In all honesty, unless you or someone on your team has extensive knowledge and experience in credit, mortgage finance, secondary markets, and portfolio management, your company is probably better served by building a deep and meaningful partnership with a small local lender to handle this for you - or maybe even buy such a lender with infrastructure in place as a turnkey solution.

If local laws changed federal taxes localities would prevent residents from having to pay at all!

. - For greater than 5+ multi family properties the 'best' initial source for financing could be a local credit union or bank.

Of course, depending on where you want the rental property to be located at, the price will vary.

Check with your insurance agent about your exposure, that might be a better tool than depending on local law.  

So look into your local and state laws to determine what laws you need to follow. 

@Ben Russell - Try the local credit unions like ENT, Bellco, or Canvas

Legal and Regulatory Steps:Establish an Association: You'll need to create a condominium association and draft the necessary declaration and bylaws (condo docs).City Approval: Obtain the necessary approvals from the local government or zoning board.

You don't know any local investors and you don't have marketing going right now, so how are you going to wholesale properties in a state where there are a lot of wholesalers?

I also used Craigslist, ForSaleByOwner.com, Zillow, and a very popular local classified website called SouthEastTexas.com (my buyer found me on setx.com) I was disappointed with Zillow.