I come from a working-poor,  paycheck to paycheck background and have to constantly remind myself that one must spend money to make money--but this seems like SO MUCH money! 

If you spend $830K on a 4-plex you need about $2000-3000 per month per unit (roughly).

I would rather spend the relatively insignificant (in the grand scheme of things) money on the attorney to tell me I'm good to go, than have things go south a few years in and have regulatory authorities on your case.

Spending 10x on rehab compared to PP would be way too risky for me.

You could even consider this a poll:If a new investor (we’ve done live in flips but just decided to do more as a business) does their 1st deal and they have 20k to spend on marketing - what, in your opinion, is the best method to ramp it up?

You don't want to spend your time rehabbing properties.

I would much rather spend the enormous amount of time a business takes with family than I would with a stranger, or alone.It also makes probate simpler.

So I can spend my time on what truly matters...

I would like to Landlord and PM the property so am looking to buy somewhere within a 90 minute drive from the city.I want to spend $300k - $350k for my first investment so was considering Pierce County, Federal Way or Everett areas and even Bremerton (although don't love the issues involved investing in military towns).

Right now about $100K to spend.