If you don't have savings to get more property, the leverage would only increase and the risk so why risk something when you are creating a strong foundation?

Most of the time what people are really chasing is time freedom and that can be achieved quicker by using a W2 and real estate and other investment strategies to build a strong foundation instead of rushing.

If you go to invest in the note space I strongly recommend you do a quick background check on the sponsor as there are numerous who have very questionable pasts.

I would strongly advise you to use the service of a property manager who provides On Island Agent service over your cleaner.Your On Island Agent needs to be available when an emergency happens.

Use this experience to work out the kinks and build a strong boots on the ground team.

(The rental market is strong - these costs are largely due to a problem tenant who recently left the property.)Both properties are rented to Section 8 tenants and professionally managed.

Holding out for a strong or higher rent during this time can cost you money.

Hi Burton,It sounds like you're in a great position with a strong portfolio.

You want a strong foundation that is compounding, not a house of cards with no base.2.

You have a good amount to plunk into a strong multifamily property in Northern New Jersey, but you will be banking on appreciation more than cash flow.