Even if you believe you can stomach the monthly payments, paying $20K a year to carry a piece of land based on the information you shared is not recommended.

@Justin Jefferson first, some cold realty - you're about as likely to play in the NFL as you are to retire via real estate in 4 years.Are they both possible?

However, based on your risk tolerance, you need to decide whether to file now or wait.

Based on what you all have said I think my best option for now is to put the multi fam under my LLC and keep renting the others as I have been.

Amortization length along with any DSCR requirements comes into play also to determine what kind of down payment requirement you may have to meet. 

Sources of investment propertys and yhield based upon a buy and hold strategy,I hope you can help me.Wow,Its been a while since I have been back home haha2+ years now lolIts too expensive IMO and many folks are buying high and hoping to sell higher.Hoping a property will go up in value is not a strategy.

I sponsor a monthly meetup of property managers based in DFW.

Computers can analyze property based on subjective data (square footage, # of beds/baths, etc.) but cannot calculate for objective data (quality of kitchen cabinets/counters, size of bedrooms and bathrooms, view out the living room window, etc.).You should study the market yourself.

Quote from @Mija Aguilera: Hi @Christopher Charles I’m based in Maryland and familiar with the areas you’re looking to invest in.

For instance today I analyzed a prospective deal that is a 3 unit.