Also, read the contract very well before you sign because most PMs will lock you in a long-term contract.If this is your first investment, I will recommend you manage it yourself so you learn one or two things about landlording/property management.Goodluck man!

I'm seeking out other real estate investment-minded folks in Idaho.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

You could do that for 3-5% down.. live in it for a year to meet typical requirements for use… then move into a new house, and ‘voila’ - you bought your second (multi-family) rental for 3-5% down instead of 20-25%.It is entirely possible though that you will face debt to income issues on your first rental if your lender wants to see a year or twos worth of rental history before counting your rental income to offset your debt payments…so beware of that.Otherwise you may have to look at creative financing… maybe bringing in a money person where it was a short term investment for them, like “I’ll give you 8% on your money (versus the 4-5,% you could earn from the bank CD) if you will partner with me on this purchase.”

Real estate is typically not easy (even though it was the past few years). 

Investment Info:Industrial buy & hold investment.

Best of luck investing

I will be his local boots on the ground and my management company will do all the management (a bank turned him down because he doesn't have any investing or management experience in the USA, even though I will be the local manager). 

Hello I'm a Veteran and I'm in a  process of divorce & my boys may lose the home that I invested for them.

In Charlotte I typically use Hejirika Law, and the folks over at Doyle and Wallace are great as well.