Prohibited parties include yourself, ascending and descending family members- along with any of their spouses, your CPA, financial advisor, and a few other parties. 

I believe this social media post summarizes most who entered the multi-family space as syndicators in recent years. 

)  - 60K in cash for downpayment +more for renovations- Strong local connections with contractors of all trades - Ability to get building materials at cost through family/business connections- Have a strong eye for style and design (Tends to lean on the high end of things as that is my business)  - 750+ Credit.

In multifamily more than anywhere else you will find it very very hard to get anyone to lend to you unless you are already filthy rich, have done a very large number of single family deals, or you have someone very experienced signing on the deal with you.

My family and I miss Michigan.

Sounds like you might be making some good money, so I would use this time before family/kids come along and get your snowball rolling quickly and aggressively. 

Do you want to have monthly cash flow to be able to enjoy things with your family/friends?

Obviously not a family trip kinda room.Most of these things are under 100k, low barrier to entry, easy to pickup. 

Hi Angel, Most of the small multi family in centrally located in Houston.

Investment Info:Single-family residence other investment.