I think the condos are essentially non starters and shouldn't even be considered because of the very high HOA fee of 7000-8000 per year.

Success requires cash and high credit to qualify for loans.

But I’m busy with a toddler, full time job, and soon grad school.I want to buy now bc I don’t want to pay rent and I know things are high now but who knows how long it will take to go down.

@Toi L Hudson, I would highly recommend coming to the PCREIA meetings.

He's single, he pays regularly and he is not "high maintenance." 

Hi Ryan, I highly recommend Josi Van Horn out of Beacon Sotheby's in Holland, Michigan.

If you are dealing with partners, I would highly suggest creating an LLC entity AND have it include a an operating agreement that covers who does what and how you will eventually dissolve the company/dispose of the property.Disclaimer: I am not an attorney nor do I play one on the internet.

And of course highly regional … Interest rates make a difference for sure on DTI and how much loan someone can get.. 

The way I got started is I went out and found a deal that had high value-add(Large margin between acquisition and repair cost and ARV), the value in the deal made it easy to finance, I mentioned to everyone I knew what I was doing and let them know I have a deal I am trying to find a partner for and I found an investor rather easily because of the value in the deal, the deal attracts funding, get yourself a deal and  you will find an investor.

That could be a great way to find and stay engaged with local investors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors in that area and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersFinally, if you haven't already plugged into the Bigger Pockets podcast, I can't recommend it highly enough - it's been a wealth of education and a huge confidence builder as me and my husband have pursued REI and built our portfolio.Best of luck to you and look forward to following your journey!