Being a realtor, you already know the area, you know contractors and you know what's happening in the city.

But, if I were you I wouldn't purchase more rentals on the outskirts of the city.

Up near the Quad Cities in Mercer County.

Finding the private money seemed to be the biggest challenge my friend has had while doing this. 

Anyway, I’ll leave it there; it’s your journey, after all, and if we’re going to kick this can together, I’d rather see you show up with at least a rough map in your back pocket.JulianTurning investment visions into REALITY in Omaha, NE - Ranked #1 city to move to by Forbes Magazine. 

Biggest caveat is you didn't mention the location.

Most cities will have a process to unlock the lots..

- Network with local agents and investors, so you start getting first crack at new deals.If you can amp up the cashflow on the first duplex, you can use the extra cash to:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- For your next acquisition.One of your biggest challenges will to keep the cash flowing when you move out of a duplex.

I suspect this is the biggest of a slightly long list of issues with this investment.- is this your first section 8?  

What is the average selling price in the neighbors you are looking for in your city?