Multiple mentors does seem ideal.

As for the private money loan, you can structure it anyway you can imagine, but ideally you want both parties to be comfortable.

Sugar Land is a great place to live but might not be ideal for cash flow unless you purchase an older home and put in sweat equity.

Ideally you should have all standard appliances in your house so you can get a new one from HD or Lowe's and have it installed in a day or two.

This sounds like the ideal size for that location too, nice deal!

Ideally you'd want to be in the 500K+ range to be in the 4+ unit range

A condo in myrtle beach can preform well, but a condo in The Smokies is not ideal. 

I'm in the process of doing it for one of my buildings, and I think that's the first ever.Definitely, buildings where buyers can't get mortgages would be ideal.

Hello,I'm relocating to Sioux Falls, SD for at least a couple of years and am looking to buy a fixer (I like to build in equity and my wife is an Architect and Project Manager) to be our primary residence, then rent it out if/when we move away.I'm an experienced real estate investor (buy + hold for rent) but don't have a team anywhere near South Dakota.Would appreciate referrals for:Real Estate Agent (ideally experienced in income properties but I've checked out the purchase and rental markets in Sioux Falls remotely and really just need someone for showings and the transaction)Inspector (someone extremely thorough - I need to know exactly what I'm getting into so I can plan and budget properly)Contractor (looking for licensed, bonded, experienced, inexpensive but reliable - I'm willing to pay more for durable and low-maintenance rehabs and renovations)Property Manager (I will no longer be living in the area when the property becomes a rental)Handyman (if I don't find a Property Manager I like, I'll manage remotely but will need someone who can respond to urgent and/or low $ maintenance issues - I'll remotely hire trades to deal with bigger issues.  

into one pot and move on to the next project--ideally a multifamily.