But to get into contract I need a EMD (which at the size of the new purchase is not small). 

We are hoping to learn about flipping homes, and doing much more multi-family long-term investing!

I appreciate your advice and yes, I plan on networking as much as I can, attend meetups, and do a lot of lisenting.

If you can point me in the right direction or to the right person it'd be much appreciated.

In 2024, I'm trying to automate and delegate as much as possible.The big tasks I would like a VA to perform are:1) Web research2) Website creation & maintenance3) Social media content creation4) CRM work5) Newsletter research6) Market research

I can put you in touch if needed.

I used to arbitrage my second home's HELOC to cover expenses when rates were much lower (prime + 0.75) but now it's expensive and too risky, IMHO.

With this plan I would need cleaners and contractors/handymen.

Is building a new property for a house hack potentially a good idea if our goal is to continue to scale/grow our capital or should we just stick to looking at existing properties that need work and pull our money out post-renovation? 

Then from there you are much more informed on what makes a good/bad PM.