That RE is up over $800K and rents for $16K/month average (purchased for $375K - all of our investment costs were extracted from this property quite a few years ago). 

Another option is to refinance your condo to extract some equity and use that as a down payment on a duplex somewhere and keep that property as an income generator. 

More complex financial ratios usually offer a much more meaningful result when analyzing real estate deals.

@AP Horvath, I am biased, but I would select one asset class you believe in over the long-term that delivers strong, risk-adjusted total returns and make some meaningful investments in that sector. 

You have to parse the list into meaningful information. 

Insurance / furnishing would all have to be worked out beforehand, but I'm sure I'm not the first one that's thought of this as a way to use the experience / knowledge we're getting for a meaningful purpose.2) less important to you, but important to me..pick a logo for my company, with the thought that I use the logo for a non-profit that tries to connect the dots, as mentioned above, if there's work that needs to be done there.

Investors do it when it is a meaningful rehab and they get high leverage, but if your HVAC replacements are thousands of dollars, I doubt you'll find a hard money lender to provide that small of a loan amount.CapEx can always kill a deal's returns if you don't account for it appropriately. 

Also, I don't see appreciation being a meaningful feature of any regions/sub-markets (except maybe the very hottest ones) anytime soon so I'd think you'd really need to make it work with your income.If you can find a way to offset a future tax increase with savings elsewhere in your expenses (buying/financing a deal at a great basis, self-managing at scale, etc), the tax issue might not be as impactful to you as I am predicting it will be to the market overall.Anyway, best of luck on your journey!

Become familiar with ADU construction costs.Learn the value of extracting your investment via refi and HELOC. 

@Johnny Lau because a lot of investors don’t like scheduling meetings to ask the GPs why their numbers are jacked... which is how I get to spend this lovely afternoon extracting info on a golf course community.