Every one I have researched (which is many) that seem interesting I find they've already been through rehab and sold. 

or Should we have this management group be part of one of the cells from the series LLC?

Make sure to reach out to one with real estate experience.

Hi @Charlice ArnoldI have worked with a lot of banks in this space and the one thing I stress is communication.

My firm requires one new build under your belt. 

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible

On June 28, a second notice to abate public nuisance and an order to show cause was issued, requiring the seller to appear before a hearing officer on July 16, 2024.On July 16, when no one showed up, another notice was issued for timely abatement of the nuisance, giving 30 days, until August 15, to repair the heat, fix the plumbing, obtain a fire rehab permit, and receive a final inspection.The property was listed for sale on June 10, 2024, nine days after the seller received the first notice.

A three-bedroom one to two bath ranch is essentially a commodity.

Unfortunately, certain markets are much more difficult to evict than others.Going forward, I would try to set clear expectations with your residents, and when they violate one, they need to be held to account. 

As you know, if you don't respond to a call or text within one hour of receiving your conversion probability drops significantly.Right now I get about 1-2 missed calls per day after my teams shift 4 out of 5 working days .