Yes appreciation would be nice, and some cash flow too…but it seems you need to simply your investment approach to paying off high loan balances with the least amount of doors.

Some areas will not cash flow simply because of how the market is.

To some its simply rehabbing SFRs or MFs.. others its building commercial buildings.

If the landlord does win the lawsuit for damages, the tenant may simply not pay it.

@Wyatt Wolff - I am moving under an LLC simply for protection from any law suites.

Hello Kyle,There are lots of things to consider, and there are lots of different types of Zoning for residential.For example you could be zoned residential, but the minimum lot size could be 1 acre, and you are buying 1 acre, in that case you wouldn't need a developer, you would just need a builder.For example, lets say you have 5 acres and a perfect rectangle property, that has an existing street that runs the long ways of the property so you won't have to put in any streets, you will simply need to get with a surveyor, figure out your minimum lot widths from zoning, and file with the municipality to get your property subdivided into lots.Once you have subdivided lots, you can either sell the lots outright to a builder, the cleanest transaction.Option 2, you could try to partner with a builder so you can split the profits, most builder's will want you to guarantee the loan, and still charge a build fee before profit splits.Option3, you can hire the builder, obtain the financing, and keep all the profits.Option 4, you could do any combination of 1,2, and 3. 

I am confused on what you are asking, I assume he is 20% owner of the LLC in which owns property #1.If you want to buy a 2nd property without him, simply buy it under a different LLC.

I've heard Simply Safe advertise a lot on BP.  

However, If your goal is to simply increase bed count, maybe adding bunk beds in one room and keep a king or queen in the others.

I don't have a credit card for each property simply because I didn't set it up that way - I could have but just didn't.