We are mainly looking at SFH and small multi-family if we can find it.

It will also offer nothing in terms of tax benefit. 

This post applies to Maine landlords, but may be useful for others as well. 

I have mentioned this many times before but what do you think would happen to the auto industry if all vehicles had to be paid for in cash like many foreign countries.. that's why there are so few cars in many of those countries.. and what would happen to private aviation where light aircraft enjoy 90% financing for 20 years at 4 to 6% interest and there are tax benefits but they start at 400 k  and light jets that start at 3 million or light turbo props at 2 million.. yet hundreds of these are sold each year .. all because of credit.and just like commercial airliners many are leased and those leasing companies are buy 50 million dollar or 100 million dollar planes with credit not cash then leasing them to the airline.s   bottom line credit freeze's we see what happened. 

I guess it depends on your network.I do run across times where someone inherited money say 600k but they do not qualify as accredited investor.My thought is mainly take accredited investors as they are generally used to this type of investing and the liability and hurdles of reporting and documenting tends to be way less.If an investor came to me unaccredited but wanted to invest substantially say 300k or 400k I might look at it.

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

I think our main barrier is being timid to jump in.

--Take out the HELOC on the rental and my stockpiled cash and pay off the mortgage on my main home in full and call it a day until the crash comes along when I will have likely saved up more money and have equity in my home, but of an unknown amount.

My main goal in real estate is to obtain consistent cash flow in order to have financial freedom through long term rental properties.

I have the added benefit of the va loan with no money down.Who knows, maybe we could help eachother out or partner up on something in the future.