However, except for the once in a lifetime great buy, you will end up with low income property with low price appreciation potential.Assuming a 50% net operating income, the 2% rule yields 12% return on purchase price, as if purchase price is paid in cash.On residential investments I buy class A high rise luxury condos, and expect a 7-8% return.

There are of course other, more complex ways to do it but just make sure all the JV and operating agreements are spelled out and signed/notarized prior to entering into a contract.

I bet you got a lot of good nuggets out of them!

I'd have a monthly Operations and Cap Ex budget of at least $150.

Snow removal services here tend to operate on a per-event pricing model (i.e. $40 to clear a drive/lot following a snow fall).

I've been simultaneously operating actively as a real estate investor/wholesaler.

From there, the best of them seem to have attracted investors at one point or another and their operations took on an even bigger scale.

I'd like to free up some of my time to be proactively cold calling/prospecting for leads.Although these virtual assistant are not in the US, they still operate on PST when I need them (9-5pm M-F).Tasks I plan on handing over to the VA are: admin work, research lists, bills, etc. but also following up with current clients that I'm working with in my pipeline.While it'd be great to free up the time that I currently spend following up with current clients, I'm worried this will come off as impersonal to clients.

@Tom Scott I think it's extremely important to operate within your own comfort levels especially when you first start out.

You may be able to find a smaller local/regional portfolio lender that might do it but I'll bet good money you won't get anywhere trying this with like BofA or Wells Fargo and the like.If you are going to try to pay off all the private financing it is much more realistic.