@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Lessons learned about PA landlord tenant law. can only collect one month rent value as security deposit or else judge makes you give it back.

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I know you have to buy nice and secure lol

The best option is securing financing that allows the LLC to buy the new property, as commercial or portfolio lenders may accommodate this.

Quote from @Eric Gerakos: Michael, why would you invest in UNSECURED note funds when you can buy notes SECURED by real estate that are currently paying 10% for 2 or 3 year interest only terms?

Lessons learned about PA landlord tenant law. can only collect one month rent value as security deposit or else judge makes you give it back.

Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

If you have any questions or need guidance on loan products, strategies for securing financing, or understanding of the lending process, feel free to reach out!