I think starting with a mutil family, adding value to it (making improvements if needed and raising rents), is a great way to get started.

Purchase price: $155,400 Cash invested: $40,000 Property is located in Cuyler-Brownsville an historic district within walking distance of popular Metropolitan District of Savannah GA.I purchased the property to get started in the real estate space, however I value the walkability of the property, its proximity to parks and nightlife.Although the area is a rated roughly as a “C class” neighborhood.

Searching on BiggerPockets Mortgage Lenders and Hard Money Lending Directory is a great place to start checking reviews. 

I have started looking for listings recently.I am a bit confused when people ask to "shop around" for a conventional loan.

5) Consider meeting with a few agents in your area even if you are just getting started!

I am not sure I would have survived or even started investing being a small time landlord if these laws had been in place when I started investing.

5) Consider meeting with a few agents in your area even if you are just getting started!

Hello Austin, It is awesome that you're starting a fund.

Best of luck getting started.  

I suspect your chances of closing are slim so start looking for a credible lender who will do their due diligence on the property early in the game instead of just now figuring out that the property is rural.