I need to make my first move so as to avoid analysis paralysis but I don't know how to go about it.I hope to meet a mentor(s) who can help me with my vision to own numerous single and multi family rentals to create cash flow, financial freedom, and a legacy for my family.

I found a bank that will give me a loan against the note.

@Joseph MuleroTo boost your rent plan and make more money in the medium-length rent market, think about these steps: slowly add furniture to the new place while you stay in your current home, pick cheap furniture, use a credit card with good terms, look into loan options like personal loans or home equity credit lines, try out the market by listing the place with few furniture pieces, aim for easy-to-change furniture for flexibility, and talk to pros like real estate agents or home decorators.

@Rebecca Schnur I think you're right to carefully consider your options with Stessa, especially given the importance of security in online financial transactions.

@Sras SathIt is a difficult market and I am not sure that Re investments as a beginner makes financial sense these years.

Regarding the LTC (loan to cost) this will vary depending on your funding source (bank, private equity, etc.).

I intend to build a home that will be rented out to offset the costs of ownership.I can find construction to permanent loans on second homes easily. 

I can take down larger, more risky deals, knowing that I have a partner that has the financial backing to make sure we don't run out of money at the wrong time. 

You can go to another CPA that just files and doesn't really look into your financials and their cost could be less but you're actually paying for it in the long run.

This is certainly text book and absolutely the proper way to analyze a deal.Im not sure what he owes on the home but based on the payment and the year it was bought and the fact that its 20 min from Austin im just going to throw out 500K for conversations sake.500K compounding annually at 3% for 5 years comes out to approx $578,000, and you have the loan paydown aspect as well obviously.