For newer developers, credibility often hinges on clear and compelling financial documentation.

  - Core Inflationary pressures remain high.

I understand it will take more than a message to penetrate the core of your being however i hope you can start to see this situation from a different perspective.

This way, you can learn the ropes before tackling a larger property.Also, when investing out-of-state, make sure you establish your Core 4 Real Estate team.

Were all these deals multifamily value add or any core deals?

Appreciation with its tight coupling to rent growth, results in cash flow.An example from my market, a few years ago core logic indicated the average rent increase in my market was ~$600/month.  

I would suggest building your CORE 4 which consists of a great realtor, contractor, property manager, and attorney after you choose where to invest in.

I'm not sure how experienced you are in the real estate world but one thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

Depending on market, I would plan to invest 100k in a single family home, find a good property manager, realtor, attorney in compelling market and just start. 

It’s so comprehensive that I’m compelled to give you a great answer, but there is so much to unpack that a full proper answer to every question may take longer than I have tonight.