You can find some value here in C-class properties since there are emerging B-class areas in these towns.

I do like having a HELOC for an emergency fund. 

Meaning landlord does not have to fix them.4) Yes, you can usually do this if it states so in your lease.Many PMCs requiring tenants to put all nonemergency maintenance requests in writing and an emergency is defined as something that may cause bodily harm or damage to the property.

Are there any emerging opportunities or red flags?

Additionally, national lenders like Chase and Wells Fargo have strong multi-family loan programs that cater to out-of-state investors.Scaling OwnershipGiven your available cash and equity, here are a few strategies to consider:Leverage Existing Equity: Utilize the equity in your current properties through a cash-out refinance or HELOC to increase your purchasing power.Partnering with Other Investors: Consider syndications or joint ventures, which can help you scale more quickly without using all your own capital.Diversify Markets: While the Midwest is great, keep an eye on emerging markets across the country that may offer similar benefits.Focus on Value-Add Opportunities: Look for properties where you can increase value through renovations or improved management.I specialize in selling new construction duplexes in downtown Indianapolis, and I’ve found that multi-family properties here provide strong returns.

Depending on your liquidity/vesting in these retirement accounts - utilizing these accounts can be a great way to purchase more property, you'll just want to be sure you're covering all the bases to keep you on track for retirement, emergency fund etc.If you have any more specific questions as it relates to financing i'd be happy to chat more in the DM's!

Hey Hadar, Instead of focusing on established hot markets like DFW, you might want to explore emerging markets where property values are still reasonable, but there’s potential for growth.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Fortunately the claim is not for an emergency but it is for an issue that is somewhat time sensitive... 

That happened after making 5 phone calls to their emergency repair department and threatening to sue them for refusing to grant me access to my property…my property manager contact was not picking up her cell phone stating that she does not pick up her phone on a Friday at 4:50 pm.