In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.

Having accurate figures will enable you to make informed decisions.

@Nathan Gesner, having that line of credit will enable to you make a quick purchase, should you find a gangbusters option OR to handle damage from a storm, or what-have-you.

I would maybe explore refinancing your current primary residence with an FHA and see how much liquid you can extract.

HMLs enable quick acquisition leverage which is essential in competitive markets, and offer flexible qualification criteria, focusing on the property's potential. 

I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.

I am immensely grateful that the pandemic, in its own peculiar way, presented me with the opportunity to save money and devote time to rectifying my credit score, ultimately enabling me to pay off all my debts within the span of that very year.Emboldened by this newfound financial stability, I ventured into the realm of real estate by earnestly exploring available condominium options in Las Vegas, Nevada.

I estimate their combined value based on the current market to be around $900k.The goal would be to extract max cash out.

In the remaining 30% both the land and improvements are owned by a third party real estate investor, McDonalds is the master lease tenant, and subleases to the franchisee at a 40% markup.However, the thing to realize is that all this real estate profit is enabled by the fact that the operating system is so successful.

Cold calling enables you to reach a broader audience, but success often hinges on sheer volume and taking a lot of no's.