This is big!

My goal is to place tenants soon and then move on to my next investment.While it sounds straightforward to rinse and repeat, now that I have this property, I'm wondering what my next steps should be.

Should I even entertain looking into this more? 

If you’re still looking for insights or financing options to scale your investments in Jacksonville, I’d be happy to help.

When I see good deals I tend to jump in vs. waiting for this option but I still think this is the best option if you can afford to wait.2) Take out a loan from my 401K. 

Purchase price: $550,000 Cash invested: $145,000 Sale price: $915,000 This was a home run for a long term (5 years) buy & hold investment property (I specialize in this area). - Initial investment of $145K (DP+closing)- It had one tenant for 5 years and 3 months (no turnover), and the tenant paid off the mortgage and expenses in those 5 years.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?

There thinking goes something like this - I can buy this great property for $5 million cash flowing $600k per year (they neglect expenses).  

Please tell us more about this.

Happy to help. 

This is personally me, everybody is different.