Great questions - a lot of our borrowers will tap the equity using a refinance in order to purchase their next investment property.Feel free to give me a shout anytime, happy to help!

So not much advice, but feel free to experiment and ask your guests to give you feedback. 

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

Since it's mortgage-free, the rental income would be mostly profit (after expenses such as property taxes, insurance, maintenance, etc.).

I’ve done 4 cash out refis to buy 14 houses basically for free, since I didn’t have to come up with any out of pocket cash for my 20% down payments on the new houses.

From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target.

Hey @Joe McLaughlin, so I surf FB marketplace, Craigslist and OfferUP for used made in the USA furniture.You can get top quality stuff for pennies on the dollar or free.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

I have a client that owns a few properties off Web Gin House and they stay rented to long term tenants due to the schools.I'd be very selective and conservative on your numbers going into Decatur / Smyrna / Marietta for a 3/2 LTR - lots of rentals in these areas and can be tough to lease up.

I worked in different fields for decades, was a stay at home mom, then activated my real estate license (it was inactive for 15 years and I stayed up on my continuing education).