@Steve Vaughan I accept that growth, at a fast pace will likely require leveraging by cashing out.

Check the agenda on their website, it might still be in progress.

I'm in Bloomington and I'm sure you will find the pace of life here in the Midwest a lot nicer than CA.

This is key to growing a real estate portfolio at a reasonable fast pace.

Someone who is appointed to the city council after 3 months probably has a short-term agenda or is highly ideologically driven. 

Over the past year my return of my stocks have put paced my RE but I know long term my RE will be a more stable investment.

The key to growing a rental portfolio at a reasonably fast pace is to acquire foreclosed properties that require rehab, therefore the equity position may be large enough to refinance cash out your original down payment funds to recycle into the next property.

@Maria Luna I have been investing in JAX since 2012, and prices have appreciated a lot since then, while rents have not kept pace, but also appreciated. 

Loved studying at my own pace.

Lastly, this is just one deal so don't fall in love with it. you have a LOT of rejection ahead so pace yourself