Our primary focus thus far is to buy and hold rental properties, both single family or multi unit.I look forward to learning from you all and eventually contributing to this great platform!

Feel free to comment on my plan.I look forward to learning and contributing on BP.Thanks for reading and wish me luck :-)RD

Always, always, always choose income over equity when that equity is not yet realized.I would buy a multi unit where your income from the rental units can contribute towards your mortgage payments.When just getting started safety, and assurance should be foremost on your mind.Even if you do not realize a gain in equity having rental units will help you make your mortgage payments on time and contribute to you building up good credit which is an underestimated value by many a new comer in real estate investing.Even if you can afford a single family home do not buy it if it's going to put you out on a limb spending most of what you have or may have coming in.I always think like this, if I have $10.00 I will consider spending $2.00 and keep $8.00 in reserve.

Account Closed contributing.

We are planning on using Solo401k accounts this time due to the tax benefits when borrowing and higher contribution limits. 

The good thing about the solo 401k is that you can make both Roth and pretax contributions.

Thanks to all of you who have contributed to this site!  

I already have a main checking account and another savings account dedicated to my investment contributions.  

I was a little late to the investment game, but started contributing fully to my Roth IRA in my mid-20's, and just recently started contributions to my TSP (military thrift savings plan) in an effort to diversify through established and well-known methods.

An LLC with a good operating agreement will outline the structure of the relationship and will be the foundation for how you operate as partners, who gets paid and when, who has to contribute funds, how much, and when, what happens when one member wants out of the partnership, becomes disabled or dies, etc.