RWN should have some skin in the game and protect the interests of their members.

Would you suggest getting skin in the game before doing that to make them feel safer or would diving in with a external funding statement, execution plan and hold and exit (for them) be the best way.

They have more skin in the game then you do.Make sure you get clear title.

But we've had a bit change of plan and decided to keep some skin in the game in California, we decided to buy in relatively cheaper areas because we still really like SoCal (the inland empire).

But it was stressful fun and I want to do it again.My goal is to really have healthy cashflow I can duplicate and if I get appreciation great if I don't I'll just pay off mortgage over the years and just retire on cashflow 30 to 40 years down the line.i rather manage and hustle for more cashflow.

He doesn't believe his own predictions.Prognostications without skin in the game are worthless.

Private lenders are free to do something stupid, like lending a down payment or lending to someone with no skin in the game; but this high risk lending combined with their obvious lack of experience and or financial acumen, would almost assure a loss leading to withdrawal from ever making this type loan again.If you have a rich or even moderately well off uncle, preferably with no children of his own, he may be interested in making you a “down payment, no equity” loan.

You'll want to position yourself to get healthy cashflow, so that the rental income increases your income (on paper) that a lender looks at, so that it's not decreasing your qualifications for a new mortgage.  

Ideally you have a competent builder/GC who  has some skin in the project you're working on, that way he is invested in the success.If you or anyone for that matter need some more detailed help feel free to reach in DM'sPaul

First post here after lurking/networking behind the scenes for last 1+ years.So here's the context of my question:My big ambitious goal is to have a property portfolio of $10,000/month in cash flow 4 years from now (I estimate that means control of ~40 units or acquiring 1 unit every 1.2 months or so)These would all be out of state buy & holds, where I'm obviously focussed on maximizing cash flow (SFH or MFH)I have a full time job that pays low 6 figures (so I have roughly ~20hrs/week to give to my investment goals) and no current rent/mortgage or other liabilities aside from feeding myself (I've done this intentionally for this 4 year sprint towards financial freedom).I have up to $50k to invest right now (and another $100k if I dip into 401k which I've contemplated doing), but as mentioned have a healthy savings rate given my circumstancesMy preferred route for now are properties that can be acquired at less than $150k per unit (so I've honed in on the usual suspects of states: WI, OH, IN, FL, MI etc) and from there I look for cities with more than 50,000 people that are either growing are have stable population, decent employment opportunities, relatively low crime, etc).I also have a bit of a desire to not go where I know everyone else has been circling for some time (Detroit, Cleveland/Akron, Dayton, etc)So given all of this and my lofty goal of acquiring a property every 1.2 months (unless I'm thinking about this wrong), my question is this:How many markets are too many to build and maintain a deal pipeline that helps me achieve this?