Do you have a local team who will help you with project management? 

Anyone who gets underway on a renovation project without this is putting themselves in a vulnerable position.

I think we’ll see more municipalities start offering tax incentives, fast-track permitting, and infrastructure support—because, like you said, we can’t just keep building Class A at sky-high costs and expect it to solve the problem.Curious—are you seeing any cities or counties that are ahead of the curve on zoning or incentives?

Should I keep my primary, and keep saving, maybe I can buy another LTR in a year or two, or should I sell now?  

If you get into a big project like a 15 unit with NYC construction rates, you may want to make sure you have ample reserves. 

You said: "The last major economic downturn AZ (general statement) lost 1/2 their value"while true, is irrelevant and misleading.Hmmm, you don't keep up on the news, eh?

Keep contributing to the 401k up to the limit of the match assuming the match is 25%+.

@Kristin Vegas what ROI do you project to obtain on the MFR?

If I could rent my home for $2,500 (I hear lenders could take 75% of that projected income?)

Hard money or private equity lender who you have established a relationship with.How do you keep costs manageable?