Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together. 

My family made theirs in real estate (house hacking a private money funded 4 family when I was little) so two different philosophies.

If you are hiring a PM, then it's not a big difference either way, but if self-managing you don't want to go much bigger than you have been or you may not be able to do all the work.

Or do you mean 4 SFRs on that lot, which would be a different story?

I've dabbled in learning different areas before, but never been focused.

Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.

Let me know if you were unable to download and I can email you a version in different format. 

How long it takes to be financially ready is different for everyone.

Use a wide-angle lens so you can fit more of a room into the image, and try different angles to show more of the room. 

I have done a lot of these for my own portfolio, but am wondering if the tax implications are different if we do a cash out refinance for this partnership LLC and then have to "distribute" the funds to the members.