With that kind of equity you would be to find a newer, nicely performing Quad in a market that is appreciating. 

I am in Tampa Florida so the investment market is huge here for both as well. 

There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

Would love to hear more about your plans and see how the market is shaping up for investors.

DFW is a fantastic market for multi-family investments, thanks to its strong job and population growth.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

This last year I've been trying to really learn the business and begin to market for properties.

Hey GaryI manage about 65 units in FL and I broker for STR buyers in this market, and some do self manage.Obviously the ones who choose us for management, we can assist with all of those items, but the ones who self manage do so by building a team. 

Quote from @Paige Gardner: Does anyone have Any HML recommendations I'm a beginner and want to get started right away but want to weigh my options  Local to your market, happy to connect to help or point you in the right direction.cheers!

Don’t forget. 2024 rent cap was 8.9% so you may never get “market rent”.