I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties? 

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

At that point, you’re building a business plan—something you can take to the bank.

Instead, focus on learning their plans, challenges, and openness to selling.5.

Some of the best deals are in dysfunctional floor plans.

Real estate just like stocks and other strategies requires intelligence and a plan.

But it’s something I tailor the business plan to just in case.So your investor could get caught in having their loan called with not a lot of notice if things change.

She informed me that she & her sisters plan to take care of the rent so he still has the home when he gets out of the hospital. 

Now that the 3rd one is on the fritz they’re 8 weeks into waiting for service under the warranty.

I am starting out and planning to make my first RE investment in the Q1 2025.