Its location at the end of the metro line makes it extremely accessible, and I wouldn't be surprised if down the line there are future expansion plans that direction.

Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.

Norton Healthcare and UofL Health are two of the largest employers in the region, and their ongoing expansions are creating even more opportunities in the medical field.

(Costly but will eliminate need of gas bill, can tie into electric).The money I see is in the expansion over the next 2 years. 10 more units, 14 storage units, and on site laundry(already plumbed).

In a similar vein, many park owners lobby local governments to stop the expansion or new development of parks in the name of progress.

How that is addressed will depend on whether this is a new venture funded with cash, an acquisition, a round of expansion funding, etc.

Depending on the article, there is between $26B and $30B under construction, and the last job fair had over 20,000 open jobs.In ConclusionWhile nothing is guaranteed, the combination of population growth and limited land for expansion virtually assures that prices and rents will continue to increase.Thanks for reading my post.

Understandably, investors are looking to tap or access increasing equity positions, many for reinvestment or property portfolio expansion. 

Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.Yum Brands—parent company of Taco Bell, KFC, and Pizza Hut—opened 894 new locations globally in Q2 2024, marking a 5% increase in total units from last year.

Based on what you've shared, I can definitely relate to your goals, as I specialize in helping investors like you scale their portfolios with strategically selected properties.Financing & Expansion Options:Given your current financials, here are a few paths you could consider:HELOC or Cash-Out Refinance: Tapping into the equity of your current property could give you the liquidity needed to acquire more rentals.