Our goal ultimately is to create cash flow within 10 years of 6k-10k ideally and also be able to buy our personal home in Texas that will be our forever home once we relocated there in 6 years.

In real-estate the easiest way to create alpha is by doing value-add play.

Move them out, clean the units up, and place your own tenants at market rate.Any other method is going to create a ton of work and stress, and it probably won't work out well for you in the end.

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans:1.

While it’s true you have to have a custodian for any ira the fees vary and if you utilize the checkbook control offer - essentially a special purpose trust or LLC is created and all the investments go into and out of that account owned by the trust or LLC.  

There are a lot of details you haven't filled in in this post (which is fine), but you will likely need a key principal to co-sign loan and a contract with an experienced property management company.The key principle will co-sign the loan to help show the net worth and liquidity needed for the underwriting department.  

The business committed to provide to me a closing of 3 land deals, membership portal with everything you need from start to finish, unlimited transactional funding available, first 8,000 mailers paid (print & postage), daily live office hours, unlimited deal reviews, weekly live deal reviews, recruited & fully trained sales team (first 90 days free), discounted sales team after 90 days, recruited & fully trained operations team ready to go, discounted operations team, professional buying & selling websites + monthly hosting, professional buying & selling logos created, trello advanced templates & training, datatree research subscription, access to private facebook group.

*This post does not create an attorney-client or CPA-client relationship. 

I will make no apologies for creating a profitable business.

I will send you a DM John, as everyone else mentions there are a lot of details to fully answer your question.