I have become almost obsessed with figuring out how to maximize the properties I do have currently before I keep adding even more.

The key takeaway was timing...selling each property in a way that allowed him to hit the 45-day identification period without rushing into a subpar deal.In your case, with SFHs in Jacksonville and Ocala plus that duplex in Port Charlotte, I’d look at where each market stands right now and figure out if there’s a single buyer who’ll pay close to fair value for the whole set or if you might do better by splitting them up.

First off, I am trying to figure out where the condo would be? 

If I want to make more money then I need to go figure out how to make more money. 

For rough examples let's say you are selling your property for $750K. 

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

I have roughly $550K in equity and would like to use that equity to invests in more properties.

They will need to figure out for themselves if they can afford the increase.

It's like anything new, you just have to start and figure it out as you go. 

At this point, we are all unsure who is even going to provide the K1s for 2024 but I'm sure that'll be figured out soon.I will say that it seems that David Zook is really trying to figure this out for us, and himself, but I don't see how we get our money back at this point unless Heller provides the $120M+ that the court has ordered him to.