Most national or mainstream mortgage lenders do not offer Super Jumbo mortgage loans (typically above $1.5-$2.5M) Although Super Jumbo Loan Lenders can provide loan amounts from $3M-30M+The majority of these buyers obtain their mortgage recommendation through their real estate professional or frequently through their existing private or premium banking relationship. 

It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.

To be notified of foreclosure auctions you need to: 1. get your local legal paper, the newspaper that publicizes them 2.

You could look into syndication, however even that will require a significant upfront investment in legal and marketing fees.Good luck!

Quote from @Mike Hern: Quote from @Erik Bergerud: Quote from @Nate Sanow: I haven’t yet but am actively offering that way.

I'd like to echo Brian's idea on considering hard money lending as potential strategy.Hard money lending can offer similar to even higher returns compared to traditional real estate investments, often ranging from 8-15%, providing the cash you're looking for even in A/B areas.

I know a guy who does this, Maybe he can offer insight 

Depending on your market buying a duplex might be feasible but many down payment assistance programs do not offer credit for multi-families. 

If you plan to invest somewhere else, who is the top agent for investments in the area that could point you to a good mentor, or offer mentorship themselves?

No LLC Needed: This keeps things simpler and avoids the state income tax associated with forming an LLC in Tennessee.Steps to Set Up Tenancy in Common:Purchase the Property: When you buy the property, instruct the closing agent or attorney to list both of you on the deed as tenants in common.Draft an Agreement: While it’s not legally required, it’s smart to have a written agreement detailing each partner’s responsibilities, the split of profits, and how decisions will be made.