More than doubling in one day did change that a bit, but I am glad I have it and hope it is never needed.I advocate those who have significant assets have the protection necessary to protect those assets.  

Never invest in Longterm assets with short term debt.  

It’s structured as a syndication, 60/40 LP/GP split with a 7% preferred return.

I am currently an Asset Manager for Multifamily Deals as my W-2 job and looking to buying my first deal in College Station/Bryan Area.Anyone I can connect with to pick their brain on different investing strategies? 

And my only asset is that I am under 30, single and can move to any place to make my dream come true.

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey. 

Consider offloading an underperformer, or a high equity property and getting better, larger or more assets.

First, banks do not prefer W2 income over 1099 income at all.

I haven't worked with anything but hardwood and tile in recent years but would prefer a cheaper, waterproof option if it looks decent. 

It adds extra protection for your assets.