There are options to leverage this property and that is a strategy which involves risking the one asset to buy another.

The rules in Mexico when it comes to cartels are pretty simple: 1) you don't go in the (well-known) areas that they kind of control and 2) you don't deal with them or with things like drugs in which they are heavily involved.

I think i remember reading that you can also demonstrate accreditation status by working in some capacity for the syndicator, or also by working "meaningfully" in real estate anywhere in some capacity, and these don't have a dollar value ie. the 300k joint filing or 1Meg net worth threshold. but the amount of due diligence required to invest in a private syndication is/should be a lot, which always are more opaque than a public RE investment, like REITs, is something you may want to avoid until you have been involved in RE directly for some timeconsider mortgageREITs, eg.

It would involve installing new dedicated water pipes per unit, three combi water heaters (to replace the two conventional water heaters and the central boiler), and three gas and water meters.

Being in a second lien position does involve more risk, as you’re second in line for repayment if things go wrong.

I'm not seeing your post yet but will keep an eye out!

The other benefit of doing it myself is that it's forced me to be much more involved and to better understand the finances of my investing business.

I think you're recommending a more detailed analysis involving the age/condition of all the building components/systems and prorating those costs out over time.

Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.

I think it's healthy to keep our eyes open for products that suit us best, especially as our businesses grow and change over time, so should our systems.