Starting with an 8-plex on land you already own is a great entry into multifamily.

@Nikelyia Waters Rent to own is not a scam.

Im in the process of fixing up my first SFH and my business partner and I are in a dilemma of whether we should provide our tenants with a washer dryer or just provide the hook ups and they purchase a washer and dryer on their own. 

Each day has enough trouble of its own."

Even if the  information is useful, when you part out with you money by paying for some "mentorship," it's a joke in this case.My assessment after 5 years of this, is you are better of keeping your cash, and taking action on your own, i would rather loose the money myself than have Phil loose it for me.Here is the fundamental problem with Phils's approach:It is all upside for the mentor (Phil),>You pay an entrance fee to join: +$5,000.00 ,>You are paying him monthly: +200.00You are paying paying for your own marketing under Phil's guidance which is not dialed in-he does not clearly know what he is doing within this regards>Then to top it all of, if by chance you close a  "deal" you are splitting profits with him: 50/50, lol.Gains for Phil are all upside, for you as the student it is all downside.Truth be told-keep you cash there are better ways to waste money, than this.And for the marketers here, kindly note Phil is supposedly-suppose to already know what marketing techniques work, but this is not the case as my marketing money was used to test out marketing that never worked over a span of +5 years, yes i took massive action, plus spent a lot, and nothing to show for it. 

I know locally an 1100 sq ft home that I own is worth 160k, rents for 1300ish. 

There are some similarities, but the use of space, what will "stop the scroll", and really the overall design needs to be approached from your guests desires, not the designer or your own. 

Each property or note I own is in a separate series of the LLC.  

I could partner up with someone and share the expenses in the investment as I build my capital to continue on my own.

I’m eager to become more active in the investing and networking space, even though I’m not yet in a position to purchase a property on my own.