Mine were 100yo rowhouses first three $50,000, $45,000 and $35,000 all worth over $400,000 now.

I'm wondering if anyone has had experience with a similar situation to mine and or has any advice.I'm looking to buy a triplex as well as a single family home that is on one parcel, so 4 total units.

I personally would say your successful friend as a guide is like gold... don't look anywhere else.  

Everywhere I look in that state, I just see gold.

A friend of mine recently got a $2M umbrella policy for around $300 annually by bundling it with home and auto insurance; it’s worth exploring.Out of curiosity, are you primarily investing in residential properties or venturing into commercial spaces?

The limit on scaling is your deal flow (mine never was that good) and time it takes to perform the value add (I got fairly quick for example, my last rehab did all new plumbing, electrical, and flooring.  

I think you'd really have to work hard by mining bitcoin, leave the windows open in winter with heat on full blast, or something similarly unusual to exceed the cap. 

Hey Colin, it’s fantastic to see someone your age diving right into the real estate world.. reminds me of when a buddy of mine bought his first duplex in Omaha.

I am partnering up with a good friend of mine.

Do you still recommend using a real estate CPA or is their tax professionals that specialize in the more simple investor situations like mine?