It’ll position you to have more cash available for future investments.In terms of setting up a real estate business, forming an LLC could provide liability protection and allow you to keep personal and business finances separate.

First position, short-term bridge loans, to experienced borrowers, on local properties, are the safest loans.

I would do it for the tax write offs, as well as another positive for the resale value. 

Reading the positive review of RentRedi here is truly shocking.

Given your extensive experience, you’re already in a strong position.

Getting all your money back and still be cash flow positive?

Hello Rick, I've only come across 1 company to do 2nd position DSCR Loans, here is his contact info.Erik EstradaLuxePrivate Investments LLC Loan Originator, OwnerDRE 02161719 | NMLS 2289340Direct: 818.269.7983W:https://luxeprivateinvestmentsllc.com/Schedule: https://calendly.com/erik-dra

One landlord I know told me that this can send a positive signal to tenants that they will likely end up embarassed when facing eviction and it might be best for them to move out on their own.

There are positives: Location and appreciating market.If you're looking to hold for long term appreciation, that would make sense.

but... in my experience, you will be in a stronger position if you build a network of humans by going to real estate meetups and really learning a market.for example - here in Pittsburgh we have a lot of old houses that need big rehabs. and the best software / AI in the world can't help me, because it doesn't know the conditions of the interior, the sewer line, etc. for most of them.