Narrow your focus, stop buying properties, and figure out what you actually know really well rather than letting FOMO, spreadsheet calculations on faulty pro formas, and advice of strangers on the internet influence your investment decisions. 

If the spread between the purchase price and ARV after a value-add is high then you are good to go.

How do I access equity spread across multiple properties?

Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

The only thing that spreads faster than a wildfire in a 100mph wind is everyone's "expert" opinion. 

Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

So then at the end of December I should take another $5,500 LOC and invest that with Prosper, using the money from the first 6k investment with the money from the next investment plus my own funds...yada, yada, yada...I think everyone understands this part.Here is the reality of the investment - when you drop 5k or 10k into Prosper it does not fund all at once...it takes 2-3 weeks to find enough $25 loans and/or you can overweight yourself in higher risk (HR) loans to do it faster...but you are not receiving the payments nice and neat on the 1st of the month...they are spread out...do you like record keeping?

Personally we buy in neighborhoods that are slightly above median, which does not look great on your cash flow spread sheet, but it works much better over the years, financially and for your sanity.5.)

It wasn’t the biggest spread, but the experience was priceless.

Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube.