@Edison Reis I find it strange that less than 10% say homeownership is a goal, but almost 40% own their home.... my take is that they are starting later, mostly due to student loan debt.

I went to a bunch of them locally and finally found one with the right combination of people.

What I mean is, if you don't bring any cash to the table initially, then there's no cash to get at later, unless you wait a while as you pay of debt and (hopefully) see some appreciation.No reason this can't be done with at a LLC.

High Net Worth individuals and companies do not like debt.

Unfortunately, I graduated from college with 164k in student loan debt which ended up being 1,780/month.

We then create a second position note on one of our rental properties that is leveraged under 80% and bring up the leverage to 80% as long as the cash flow can support the added debt expense.

That way you are lowering your payments which helps your debt to income ration with your bank when they are looking at your stats to make you a loan. 

Your debt service coverage ratio must be 1.25 or better.  

Two loans were taken out, but the starting bid covers only 75% of the combined loan amount.

We both hold full time steady jobs outside of real estate which helps with the debt to income.