We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

The expense tracker, reports and rental sheets (useful if you are planning to do the BRRRR method and need to calculate 2 different sets of loans).I used to have my own custom spreadsheets that I built but this one does everything mine did plus much more. 

Next Steps: Market Research: Look at local rental comps to get a clear picture of what a 4-bed/2.5-bath would rent for, as well as how much an ADU could bring in.

If you are open to non-traditional methods of financing, you could use a debt service loan to bypass that requirement.

This is an okay fix for now, next step I am looking at checkbook control to increase flexibility. 

Bigger upside, but second position always carries more risk—if the first lender forecloses, you could lose it all unless you can step in.Best move?

I’d say if you did 2 or 3 smaller MF deals on your own and they went well, I’d say you are qualified to raise capital to buy properties similar to what you have already bought yourself.2 or 3 smaller MF deals does NOT qualify you to raise capital and buy 150 unit deal.I believe in step by step progress slowly and consistently working up the ladder towards bigger deals.

I am not opposed to making this my primary method of income either.

I actually go 1 step farther though and do velocity banking and investing at the same time. 

Steps to do now.  1.