i have about $600,000 in equity, want income but am conservative

[Sandy Gelt]

I have one rental no debt worth $400,000. plus cash of $200,000 more. Want to pull money out and buy more rentals. I could do the BRRRR method but don't really want to. What I need is income but want to

be careful at the same time. I prefer to buy a little better property as I manage myself. I've had lots of experience with rentals and rehabs so I'm comfortable with that.  What do I need to watch out for as I purchase more rental properties? Are there rules of thumb I should know? Thanks in advance for any help.