My standard advice is to work for a property management company since you'll learn the ins and outs of how to do that well, but I'm not sure what your experience level is since you say you already manage properties (which I assume are yours, since you said you don't have professional experience and, at least in MO, you're required to have a license to manage other people's properties).

You are at the right location to find like minded people, and should have no problem being able to reach your RE investing goals.There are countless stories both in the forms and BP blogs that outline this specific technique you have used to get started, and can help you get to the next level.  I

Will the market within a 5 mile radius support another 53 units and allow you meet or exceed competing properties occupancy level? Is

The reason I have all these questions is because I'll direct them at my realtor first, and he will answer high level.  I

The 6-plex would require a commercial loan which typically carries more risk (fixed rate is typically shorter) but would cash flow if interest rates stay close to their current level.  I

You can run the numbers yourself and play with different purchase prices to see what gets you to an acceptable ROI based on your market and your own comfort level.  I

Yet on a professional level- I am a social worker and a master life coach and master coach trainer for adolescents.

taking it to the next leve - becoming a real estate salesperson - is the next step.

I wasn't able to get the re-fi at the level I wanted but I did the other three steps. 6 years ago they were really down on values in Norristown.

, which in turn led to an even more competitive market, since the reticence from the buyer side of the equation was not quite at the same level.  I