If you had $100k, how would you grow your rental portfolio fast?

[Ben McMillan]

I'm in the midwest markets (mainly OH and IN) so there's plenty of good deals...the issue I'm struggling with is recycling my money quickly.  I just want to hear from others who've managed to grow from being a part-time landlord to fulltime...assuming about $100k to work with

Would you do multi-family or SFR?

Focus in IN or OH or both?

What happens when you max out Fannie/Freddie mortgages in your name? Do you find a local lender that portfolios their loans? What if you're an out of state landlord?

Would you try and syndicate larger deals to make your $$ go further faster?

I've used the buy-fix-rent-refi model....but between seasoning requirements and being an out of state landlord it hasn't exactly been the most efficient use of my capital and I'm looking for some solutions to grow

Thanks as always!

[Michael Seeker]

Your location is listed as Louisville, any reason you don't want to invest there? You can always find cheaper investments with high CAP rates if that is your goal but Louisville offers great demand and decent returns (just like most midwest cities). I'm curious why you would want to invest out of town?

In regards to your question about MFR vs. SFR, MFR is much easier to scale which it sounds like that's what you're after. 40 MFR units across 10 buildings is much easier to manage/maintain than 50 SFR's.