For your initial investment, focus on finding a good property without the added complexity of an LLC.

Cost segregate and depreciate initial capital in3.

.), then look at the initial pref almost last.

Initially started local, when market too high locally, researched fastest growing markets within driving distance, invested there.

A cash out refi should get you a good appraisal value and the windfall that might work better than a HELOC, but it depends on your initial rate.

Probably will take you longer to ramp up, but at the end of the investment say 2-3-5-7 years hopefully you still have your $50,000 plus some cash flow, but hopefully even more the GPs have 2x or 3x your initial investment.   

These areas might provide higher returns due to lower initial property costs combined with tax savings.Rent Control Laws: Be mindful of local rent control or tenant protection laws, which could limit your ability to adjust rental rates or manage your property effectively.7.

Although, initially the property was for personal use then things happened were I wasn't comfortable with the area and the extra space so I decided to rent it out, now its on section 8.

I prefer tenants pay using electronic ACH transfers through apartments.com and in those cases payment is considered made when they initiate the transfer even though I don't receive the money for days afterwards.

It may be a good time to sell when the market is experiencing high demand, rents have stagnated or decreased, and your property has substantially increased in value compared to its initial purchase price.To decide if it’s the right time to sell, compare the increase in rental rates with the increase in property prices.