Hey all,I'm completely new to this, so please feel free to point out any mistakes I make.I've been super excited for the past few months at the possibility of breaking into real estate, specifically rentals, and more specifically House Hacking + BRRRR.I have identified 'capital' as my critical path to making this happen. 

I am looking for some advice and hopefully someone can help me out and point me in the right direction, I want to get into real estate investing but unfortunately do not have the cash or capital to purchase my own property yet.

I would like to start out close by where i live which is the Orlando-Kissimmee area here in Florida but Im open to learn and discuss about other markets as well since I want to invest and build my protfolio nationally later on.I have no experience on REI besides the knowledge gained from bp, youtube, etc.

More than once I have warned new or would be landlords that buying the property is the easy part.  Owning and maintaining is the hard and expensive part.    I was reminded of that first hand this week.My tenant called...

@David Jarvi do you have investors who are putting up the capital needed, or funding some other way? 

So, if you live in a house for 6 months, fix it up, and sell it- it's my understanding that we will have to pay the short-term capital gain tax.

@Rob Sawyer Credit Unions would be a good place to try, they have more flexibility than National Banks. 

Along the way I check for cash flow, here I deduct all expenses and projections including cost of capital, vacancy, maintenance, PM, capital expenses, from the total income; the remainder is the free cash generated by the investment.

I'm not sure on this but if the down payment is made as a capital contribution to the LLC that may work, the best thing to do is talk to multiple lenders

I see house hacking as a way to continue to build my capital, allowing myself to purchase a second property faster.