Is Lennar mortgage a broker or direct lender?

Would you plan to self manage? 

If you don't know real estate, this would be the same for  you if you just want to invest, not wanting to do the work nor learn nor wanting to do option 1. excellent post Ke Nan, couldn't agree more, and Chris, if y'all are working full time, then may be most efficient to maximize your W2 earnings as you are, then plough the savings into Real Estate syndications to get many of the same tax benefits you would get from direct real estate ownership but without all the time investment of dealing with tenants/toilets/and termites etc.

If you gave me 285k to market you as PM, I would blow your business up with leads and clients.

Sounds like you are headed in the right direction.

For those who don't know ....SDIRA : Self Directed Individual Account. 

Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)

If you were to self manage that would increase your cash flow but that's another level of time and risk involved and if you're doing it out of state I certainly wouldn't advise it. 

The capacity exists to build hundreds of thousands of homes per year that directly benefit low-income areas. 

After going back and forth with different people about what our best option was (submitting an invoice to be paid at closing, signing an option with seller and recording it, etc) we decided that the best and only sure way this deal could happen was if we recorded an "Affidavit and Notice of Interest in Real Property" (which states we have a contract on the property) and put the buyer and seller in contract directly.