I don’t have my second property picked out yet but will work with a turnkey provider once I have the funds.  

**Asset Protection** Benefit from the protective features of whole life insurance, where your investments are safeguarded against creditors and market volatility, providing a stable funding platform even in uncertain times (and there will be uncertain times!).

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

Start small and work your way up as you build comfort and confidence in your skills.Although not required, a real estate license can offer beneficial networking and educational possibilities for those who engage in real estate.

I'm guessing the owner won't provide financing for you?

I am not planning to provide any financing.

I appreciate any insight and advice anyone is able to provide!

As an individual, it is hard to open an efficient, responsible, profitable out of state network because as an individual you do not provide that much value for an agent or a contractor to run around and cater to you.But when you are part of a group that closed on over 4 million in real estate in six months and brought in over one million in local rehab dollars and put 50+ people to work and paid the city inspection office for all the permits, inspections, and reports then people cater you to. 

Another thing to note, my wife and I make combined about 350k so we can afford the monthly payment comfortably. 

Provide a comment explaining it.