And it feels great to finally be cash rich and not just house rich and cash poor which is what I was for the longest time growing that portfolio.   

Prime rental market, good quality tenants because of higher asking rent Lessons learned?

Prime rental market, good quality tenants because of higher asking rent Lessons learned?

I would focus less on quantity and more on quality.

You can get a fourplex for about $500-$650,000 in a high quality part of the metro here with as little as $125,000 or so in equity/cash.

I hope you did quality work, as I know many rehabbers that don't, and while the pictures look nice, seeing it in person tells a completely different story.Assuming you did a great job on the rehab, here are my 4 suggestions#1 The front looks blah.

Investors should consider factors like market data, rental rates, infrastructure, crime rates, and school quality when assessing potential investments.

I know most PMs already have go-to contractors for most things but I also know from experience that good contractors tend to get busy or scale to a point where quality suffers.For the professional property managers of the world, how often do you get solicited by new vendors and what can a new one do to convince you to give them a chance?

Personally there are some really strong suburb areas that I would much rather invest into than Phila - lots of it is due to better landlord policy, higher demand for rentals, less competition for rentals, less headache than dealing with Phila, higher quality tenants and less risky.

A local resource particularly for CRE (commercial real estate) can make the difference in the transaction equating to a quality investment. - Expertise in local laws and rules: Investing in real estate is hyper localized not only for value and potential but in rules and regulations.