If you can get a couple of 2-4 units under your belt this year...it's likely you could be set up well next year to make the jump. 

I would open your search to a few other states like Oregon Coast, (Great coastal STR properties that cash flow heavy) - Florida (either coast), TN, Mountains, and Nashville.There's an OR Coastal TriPlex that should generate $25K per unit annual gross as an STR..target price of $150k-165k per unit with a concession.

Maybe more, under contract with one as well set to close next month!

I would continue to learn as much as you can, ask questions, and set a deadline that you will obtain your next investment.

You'll also have a set amount to draw from when needed and when you pay towards the balance and bring that balance down, you free up available credit to use again when needed.

Nope I am all set, thank you for the offer

The biggest unknown in terms of cost is running the ducting and setting up the registers.

I used to think 100 units was the goal but now I am working on setting a goal of a certain dollar amount of cash flow per month or per year.

It's nice when it does, sure, but in most cases it takes years of saving and investing LOTS OF YOUR OWN MONEY to start.Once you have some cash in the game there's plenty of stuff you can do to generate more money, like BRRRR, selling properties that have appreciated, more targeted flips done with your money to raise more money, working with hard-money lenders using your real estate as security, and the list gets longer and longer the more properties you have and the more experienced you become.But the number of people who get into this at first through wholesaling and flipping and successfully make money at these two no-money-down strategies, enough to move on to buying investment properties with the cash their business generates, is really quite small in most markets.

If there is another different member you should probably set the value and how you will be paid back for it in the future or if the LLC closes.