I am a landlord and property manager...

The reason why we are comfortable with this is that we have both established and co-managed a homebuilding non-profit together.

We manage a portfolio over 10 multifamily properties. 

Next we were introduced to the in-house property management team.

You get easily 5,25% with short duration bills that are highly liquid, without risk, and no tenant troubles.

According to the managing broker, if I put my head down and worked, I could make $15,000 in my first 12 months, give or take, because of the process of getting my foot in the door with meeting people, advertising, and so forth.

We had about 200+ done in the last year for the properties we manage. 

But if you do manage to have the cash and find a cash flowing property you could finance the property with a DSCR loan as others stated.

My manager sends me this monthly Tenant Unpaid Charges Summary.

Also important is being able to find a reliable property manager in the area.I'd love to hear from local investors – am I looking at the right areas?