Shortly before  hitting that goal though, you will likely feel a bit overwhelmed as you balance your full-time gig with 6, 7, or 8 properties How are your current investments performing?

Credit score took a hit from medical bills and student loans, working hard to repair and it will be well above 700 by the summer of 2016.

One mistake I made was I put too much time and made my bid pricey, after a few great comments, and giving out favors in exchange for feedback, we have adjusted to an "investor mindset" and have been hitting the sweet spot where it brings everyone to the same plate.Lessons I learned during this learning curve was, not all want "retail" quality finishes (where all our commercial and government contracts are of the only concern), they are more concerned about time and money.

If flying over is not an option for you,, I think you have no choice but to wait the 6 months out and get yourself ready with all the peripherals - solidify your plan of action and market,  reach out to potential partners and suppliers, research financing options, insurance, management etc etc- so when you do finally get there- you can hit the ground running.The other option that I am now  getting more involved in slowly - is online  crowdfunding - A lot less hands on- but far more doable long distance.All the best

You've hit exactly how I'd like to use Facebook.

If you're going to lose $500 a month, or whatever that negative cash flow is (including CapEx, maintenance, management, taxes, etc) for five years, that would be a $30,000 hit. 

I would say keep hitting up your local REAs and learn from those that are active in the areas you are looking for.

Would that be reconciled at the individual end after all profits are disbursed, or would my LLC take the entire hit as the purchase entity?

Hello,I am seeking reputable financing for multi family property deals that I am currently reviewing in the Northern KY area.  

The "nicer" areas of Union City are generally considered to be the more northern areas (like 30th St and north) and further east (along Palisade or Park), but, like many cities, it's very block-to-block.