You don't want to have different loans coming due where you must go ask for renewals or new loans in much larger amounts to consolidate debt, it can be easier for a lender to say no.Lastly, yes, lastly, another aspect of debt held by mortals is debt concentration, mentioned this a few times lately about that infinite financing with BRRRR, it's not infinite, not with conventional financing.You can reread the above, pick out more detail, but all of this plays on loan concentrations, too much money loaned to one borrower or another side for lenders, too much concentration in the types of loans made.

I've been selling my rentals and concentrating on the rehabs since prices have risen, but you have to be selective of the neighborhood when looking for potential flips.

I think you need to write down your goals....it seems to me you know what you want as a long term goal....but concentrate on short term goals and follow through.

But we have learned a lot about reserves (banks may not extend loans on buildings without reserves), the value of being pre-approved for a loan, scrutinizing condo regulations carefully, and, especially, working with a realtor you can trust.For orderly thinking people like accountants, the entire real estate business can be rather tortuous and exasperating but fortunately for me my husband is in sales so he "gets" that side of the process so that I can concentrate on running the numbers. 

My goal is not to own hundreds of single-family houses, but rather concentrate on small commercial multifamily that will give me good ROIs.

In an active investment, boots on the ground are critical and you want concentration where you have a strategic advantage, which is usually your backyard ... if you want to diversify, then buy a passive investment like a REIT or S&P500 index fund and be done with it.2: 6-8% has been the long run average appreciation rate over the last 40+ years, and for almost that entire time it has looked expensive compared to other markets if going on price alone and people have been saying it won't keep going ... ask some old timers and look at the historic data if you don't believe me ... if you are talking about just this cycle, you may be right, but if you are talking long term, which is where your head should be IMO if you are getting into buy and hold REI, then I think the underlying supply and demand fundamentals are solid.

From what I have heard, Ohio law frowns upon wholesaling unless you're doing it through a brokerage as a licensed agent.I would concentrate on rocking out the exam - you may find you like another area of real estate!

Now, with a property under my belt and something to write on my resume, Im concentrating on value-add projects.

The desirable areas here just like other states for SFR do not throw off much cash flow but prices per sq ft tend to be cheaper than other states.I am in the commercial space so I do not concentrate on residential.

My advice would be to first time buy and hold as well as flippers to maybe concentrate on areas like Roy or Sunset which may be priced comparatively but draw a different demographic.