Quote from @Shayan Sameer: Hello,real estate investors,I have a question for those with experience pulling home equity to fund new investments.

or any experience buying homes at auction in Sac? 

Just from my own experience, if you were not going to separate the heat, electrical, or plumbing, I would do it anyway. 

Even when the market is down, gradually adjust rents so tenants don’t experience a huge price shock later.

Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

I own a duplex in Tempe Arizona and looking to continue to gain experience.

I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.

With your equity and experience, you could find solid 10-40 unit buildings that align with your goals.

With all of our experience, including my husband being a residential drafter and designer.