Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).

I would strongly recommend you get linked up with an accountant who is more real estate focused in order to avoid any further costly mistakes. 

Meanwhile hardly any emphasis is placed on the loan administration and even more importantly the relationship component of lending.Far too many investors, particularly those just starting out, are being conditioned to seek out the “easy” lending choice rather than invest time and energy required to cultivate meaningful relationships with lenders who truly value the borrower/lender relationship and are interested in assisting you grow.

I grew up north of San Francisco but moved to Reno, NV to live and invest because of it's proximity to CA, low property taxes, stable job growth, diversified population growth, lower prices, strong rents, much more landlord friendly tenant/landlord laws, etc. 

If passively through syndication - Start looking for strong operators or fund managers with good deal flow.

This is a great point, I would strongly consider just selling the rental and then buying a new primary + other rental real estate 

In regards to the subject platform, I can't say it strongly enough, BP should sever all ties with them until they get their act together.

Long Island's strong rental demand makes it ideal for house hacking.

They are a private REIT, but run by some really strong experience from around the company.  

  -  All of the homes/properties have been renovated and have been in service for a number of years (meaning we have a strong history as successful  property owners/investors)-  All of the homes are higher-end rentals in very good neighborhoods -  All but 4 homes are completely paid off  with no mortgage overhead or LOC debt-  All homes have a very consistent rental history with very low vacancy-  All homes are turning a profit and our pre-door numbers are very goodBecause the homes are almost completely paid off, we have a good deal of equity in just sitting around.