I know this is a very old thread but if anyone comes across it I wanted to add some additional thoughts that might be helpful.

and do you have to put additional money into the project? 

In addition, we have a big umbrella policy.So, as I was getting an insurance quote for this 11th property, we were told, our personal umbrella policy will only cover up to 10 properties, and anything beyond that we will need to get a commercial umbrella policy.

I would like to get some additional ideals on how to possibly go about this though.  

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

(Launch Control allows you to send follow ups after 30 days and costs a bunch to get additional market phone number)But wanted to ask anyone who has used Smarter Contact:- If you disabled the opt-out msg for your SMS, did any of your messages get blocked by the carrier?

That leaves an additional market demand of 780 units.

Additionally, trying to spot paint even a white wall with white paint doesn't work, let alone other colors.

The previous owner who was planning to make a pet hospital had some of the drawings and plan done on this old building.The previous owner also had no plans for addition or extension of the existing building since it requires zoning of a plot which is more time consuming process based on the feedback I received from county and a couple of civil engineering firms that I reached out to.I was provided the following list for civil engineering work.Pre-construction phase1.

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift.