What if you could secure your next property before selling your current one—without the stress?

It will depend on what your goals are, but if you'd like to scale fast, you could leverage the $100k cash to buy 2 or 3 duplexes in lower priced markets that have higher rent/price ratios.You could use these properties to learn the ins-outs of OOS investing and use these to build your network and confidence in the market.

Some will give you costs based on no permits, which will likely be lower.  

So another solution is to save up for another deal with your cashflow + savings, and pull money out when/if the interest rate gets lower?

Again, and I cannot stress this enough, I am NOT a tax expert on this so you need to talk to a professional.

I have dozens of clients doing this in New Jersey most of which come from no construction background, they simply use preferred vendors we have in place (not GC's) which lowers renovations cost because there is no middle man. 

My primary motivation is to ensure my dad doesn’t have to worry about financial stress after retirement.

I would like more frank communication.My other syndications appear to be doing fine but one was a conservative offering (lower risk but also lower upside).  

Higher cap rate ~ higher perceived risk ~ lower predictability of cash flowLower cap rate ~ lower perceived risk ~ higher predictability of cash flow @Jaycee Greene what would be or is considered a good cap rate?

The asking price is on the higher side and I am trying to figure out what is a lower side reasonable offer price. 8 br, 4 bath, basement (not finished, laundry). 0.5 miles from Temple.