Focus on optimizing the current fourplexes (improving rents, reducing expenses).

@Amanda Bradley Tenant sounds like typical Class C with a credit score under 620.How hard was it to find this tenant?

That profit will increase over time and improve your return. 

It was already generating steady income, and we were able to grow its revenue further by raising prices and improving operations in the wash & fold service, which led to better customer retention.Our SDE (Seller’s Discretionary Earnings) was about $77k annually.

To access your home equity without selling, you can explore options like a home equity loan, a line of credit (HELOC), or a cash-out refinance.

Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.

I was working with Kiavi on a DSCR cash out refi 75% LTV on a SF home in NC that is rented to a long-term tenant.We setup the application, credit came through and the appraisal came through for both value of property and the "fair market" rental value.

They’re now asking if the pet deposit can be refunded or credited toward their January rent to help them during the holidays.The tenant was apologetic about making this request and acknowledged it might not be typical.

Run a credit/screening report on yourself.

Pay your vehicle loan, credit cards, etc because in 12 months all of the accounts you pay out of a business checking account will be omitted from your DTI in the future.