Some people overlearn because they don't have to act and that changes when your confidence increases by seeing people just like yourself making sound investments.

What strategies do you use to build strong relationships with private money lenders, and how have these connections influenced your investment success?

This allowed us to increase our savings and increase our spending. 

I suspect, though, that most of the MTR managers in our "big, little town" would see an increase in revenue overall with better management.

The primary reason is because the property is vacant and a number of independent contractors are in and out of the property thus increasing the chance of a claim or loss.

So you may just end up delaying ordinary deductions and increasing ordinary income with recapture under 1245.This also means you may get tax deductions at a rate lower for deductions when you have less income, and higher rates charged on recapture in the year of disposal.

Adding a 5-10 unit will increase your expense exposure initially until you raise rents to cover costs. 

Buy another investment property and increase your net worth.

@Jimmy Patel increase value of existing properties. 

You want to get paid in your name only, as the Mortgagee or Loss Payee.With the huge range in costs, and dramatic price increases, borrowers are notorious for skimping on insurance.