Find a 10 or more door apartment complex and get it financed with an equity partner where the equity partner pays all closing costs say 15% equity to them. 

We are actually looking at a property now that has a single family house and 3 apartments on it.  

What is the best way to get updated on 20+ unit apartment complexes hitting the central Texas market?

I’m currently in an apartment and won’t be able to move for a few months, but will definitely utilize house hacking once I move!

I'm taking pains to avoid shiny object syndrome, though I see a long term future in apartment/multifamily and/or commercial. 

I would direct you on specifics depending what are your major concerns; access to schools, work, equity etc.. 200K is a good average.

Hi Bowman, it seems to me that your biggest disadvantage will come from the lack of knowledge about what is feasible in the market you are in, because I think that should largely affect what your acquisition strategy is.For example you may want to buy something that cashflows but if you are in a rapidly appreciating market like we are in right now in the Twin Cities, you will have a hard time finding something to get excited about and will need to target different asset types or adjust to find another way to get your money to work for you.In this market your advantages aren't particularly helpful as there is so much money chasing deals, that the ability to qualify for financing doesn't really set you apart.  

Hi all,If someone what to see some data but does not have access to MLS.

I hired a part time bookkeeper to keep the books up to date. 

When tax season comes, we give our CPA access to our QB and send him our W9s from our personal jobs as well.He handles the taxes for the LLC as well as us personally.