That is what helped me to build my network and knowledge base super quick.

We're based in NY but have clients throughout the whole country.

I do not want to reinvest all the money in a property as I need some of the cash to pay down other debt.

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One does not imply the other.Everytime someone is having a hard time here, they start to troubleshoot but make complete random decisions based on absolutely nothing.So DMM doesn't work, and cold claling doesn't work, SO...

It is not a get rich quick scheme or anything, but it does allow you to start getting debt pay down, depreciation, appreciation and potentially cash flow when you move out.

It seems IRS Publication 527 (2023), Residential Rental Property would say it's 10% based on their example.

Depending on how you want to aquire the property, or flip, or whatever I think you need to strategize how you want to acquire property first then come up with the number based on a percentage of down payment + closing costs of the house prices you are targeting.5) Talk to a few local bank lenders and see what first time home buyer programs they are offering.

Honestly, in what manner to get started is based on a bunch of factors, which I'm not sure if can cover all here. 

Hi, I'm based in Los Angeles, but looking to invest in out of state multifamily properties.