@Paul Sandhu  I did see that : )  I bet you get some great folks with an ad like that - humorous, but also straight to the point.  

As a GP I'm not sure how much you will personally be investing, but a waterfall structure with hurdles would be your best bet as it would insure you passives a solid return while guaranteeing performance on your part.

Do you want to speculate and wait on real estate to rise or fall, betting on appreciation.  

I bet she could get $600/month to rent out a bedroom.

Unless home prices continue to rise strongly – and you cannot bet on that continuing – you could end up having to write a check for tens of thousands when you sell the home, a prospect that could keep you trapped there when you’d prefer to move on.

Your best bet is to find a small local bank or credit union that keeps loans in house.

I bet if he will engage he could help U.

I'd bet a lot of money the model works exactly the same way throughout the entire Rust Belt.

I also have two properties in central Oklahoma that i purchased sub 50k and are cash flowing ~$200 month each.I would recommend that the mid-west/south would be your best bet if you are looking to meet/exceed the 1% rule and get a good start.

Based on the speed of your acquisitions, I'd bet you don't have much equity in the properties so the insurance company is on the hook to your lender first.