I am quite new to real estate investing with nothing but my primary residence under my belt, so I need some insight as to what I may be doing incorrectly.

Best I've found this far during my research however the only catch is they require you to have at least one project under your belt before they'll approve funding.  

That's the equivalent to a karate brown belt. :)

The problem with those types of markets is, everyone with a pulse and a $99 investment class under their belt thinks they're an investor.

Net migration away from cold belt states Georgia, Florida, and Texas some reports have 70% of net migration moving there.Texas is a no income tax state and new product is in the 7's for cap rate.It's all in what you are trying to do.

Thank you @George Blower my brother does work for me but this complex is out of state and we will not be doing any of the work on this.

Currently a CPA and have about 4 years of auditing under my belt with 1 year of accounting consulting.

My clients like urban to strong suburban markets as do I.I know outlining rural to weak suburban areas are struggling nationwide especially in cold belt states as strong net migration is coming to warm belt states.

@George Blower, I will obviously speak to a 401(K) specialist before proceeding with any of this.  

Once you get the first few under your belt, the broker world opens up.