If you have a high return on equity, then you are more likely to be making high revenue relative to your existing payment, which means you would be more able to cover the higher payment of a cash out refi and would then have cash to deploy. 

Less competition normally means higher prices.

They know all of the latest and greatest tips to get your ranking higher.  

Given your high net worth, you can afford to take some risks for potentially higher returns.Real Estate: 20-30%Real estate can provide steady income and potential appreciation.

Seriously, they are a lower-quality renter that poses a higher risk.

-- Right now I'm interested in class A/B suburban markets outside of NYC.NY can potentially be a good fit for your goal of building equity.According to Zillow, San Diego is the only major metro area with property value growth higher than NY since last year.

Expense ratios vary dramatically depending on project size, age and other factors, but basic rule of thumb is the smaller the project the higher the expense ratio's, using a 33% expense ratio for a small facility (less than 150 units) is optimistic, smaller facilities are probably closer to 40%.

Enhancing the property can increase rental income and property value.Smaller Units: Consider investing in properties with smaller units, such as studios or one-bedroom apartments, which often have higher rental demand and lower per-unit costs.

Possible, yes, but you'll be looking at $5k-$6k in lender fees plus title fees, prepaids and escrows and a higher rate. $75k is a little easier to find and slightly lower rates/fees. 

And that we had to get a higher return to offer this net return to investors.