I look forward to learning and contributing here in BP.

I've followed some of your posts for a while Christopher and have nothing but respect for your contributions.

After you manage a few units, you can decide if you want to bring on a management team, and by then you will have the experience to know what a good management team should offer.Definitely get started and see how you can start contributing now.

Unless there is a goal of contributing more to retirement accounts, or making sure one of you has enough credits into Social Security it is generally a bad idea to take passive income and make it active subject to SE Tax.  

I also had small contributions from my family as loans. another portion of the money came from outside investors.

Goal would be to double free cash flowUse the $170k and then add in via 401k contributions enough to acquire a SFR, goal would be to double free cash flow.Thoughts?

We will each be contributing equal funds however we are not sure how to go about actually purchasing it.

I almost took his bait and sent some "appraisal" money I could have lost a couple thousand. not really BP's fault but something to contribute hahah

These are people who contribute the max to their 401Ks and divert X amount of each paycheck into generic "well diversified portfolios".  

They may have already contributed and received matching funds from their employer for 30 years.