There are multiple properties they own in the same condition now.

We don't want to bring on every owner or every property unless they fit within our target market, so, I do the far majority of the sales - this is our check and balance.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

How do I access a portion of that equity to fund the purchase of 1-2 more MFR properties in more affordable markets like OH, IN, MI, PA, TN, or AL?

With this type of YOY growth, you can re-invest you equity into upstate or OOS markets (i.e.

I have met a few folks recently who are active in that market and I am planning on following up and seeing what their experience has been.

We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.

At that time I will get the house cleaned up and list it on the market and when it sells I've agreed to get reimbursed my costs for reinstatement plus any other costs plus a fee for my efforts.

I have a registered architect and structural PE on staff.Looking in the small multifamily market currently

When you charge under market rent, the IRS deems that you do not have a profit motive and, therefore, disallows all rental expenses.