Should still have about $175k in capital on hand after adding what we will personally save from our budget during this time frame also. 

Its the same process as if you were using a bank but the money is coming from another entity or person and not a bank.

Personally, I think this state maybe the best place to get started because houses are so cheap here.

I have almost 400 units and we average about 40% turnover per year.Based on personal experience and networking with thousands of investors and property managers for the last 15 years, tenants tend to stay longer when they are (a) way below market rates, or (b) poorly supervised.

Originally posted by @Lucas Carl:@Julie McCoy I’m glad this person is getting smoked.

The simple answer is that you can hire a property manager to ensure that your experience is passive and you remove the personal interractions with your tenants. 

I excel in identifying landlords open to this approach, paving the way for your business to soar to new heights.Additionally, I am available to support you as a personal assistant, ensuring your requirements are promptly and effectively addressed.

Are you attending any networking events in person?

Personally, I love gas stoves.

If they personally don't have any larger MFR experience, then I would suggest forming an LLC with someone who does who would be willing to jump on as a low-level equity/experience partner and that shouldn't be a problem.Good luck and let me know if I could help you put something together!