You can get some "cash out" on these which allow you to skip 2 payments and get about 1 payments worth of cash back at the table.

@William Philipp so every client has a unique risk tolerance and different income needs. 

In order to receive series LLC benefits, the series must be filed with the Texas Secretary of State, have a unique name from its siblings and parent LLC, conduct business, and be in compliance with the Texas Business Commerce Code and Texas Business Organizations Code.

@Cody ThayerCheck your amortization table.

I currently live in (own) a house with wife and kids so house hacking is off the table.  

Not to mention you are in a unique position because you intend to invest out of state meaning that you can tap into any hot market throughout the country.

Unique homes on unique properties.

@Adam Styles this may sound a bit harsh, but consider it tough love: if you're looking to "team up with investors", you'll need to put more out there than 1 sentence, and you'll need to put your best foot forward to show how you're going to bring value to the table.No experienced investor will have any interest in teaming up with you until you learn how to present yourself to them in a way that demonstrates the value you're bringing to the table.

I know absolutely nothing about the commercial lending space, and am already googling my way through that one, but I'm in a not so unique position of not knowing what I don't know so...

Suffice to say, the analogy is doing a paint job on a unique car - but leaving the mechanicals in place without addressing reliability.