Buffet states 'Firms will include money that's waiting to be deployed, such as funds sitting in Treasury Bills, when charging management fees.

Then save again for another few years, until I have enough for a down payment on a property where I am (Bay Area), that I can house hack or, B) Assume the mortgage and pay it off over time, while deploying some savings towards a down payment on another property in my hometown (I go back every 2 weeks) - handling 2 mortgages at once. 

I've been on Biggerpockets for a year, lurking & searching, deployments, listening to podcasts, and anaylzing everything on Zillow lol.

I'm with the previous posters, if people are willing to rent it as is, then don't deploy more money towards an asset that's already performing.

When assigned back in the US, we used funds we'd saved up (tax free from deployments, bonus installments, tax returns, extra duty pays, the 10% savings plan on offer during deployments, etc.) to start buying rental homes. 

If I'm sitting on $800k I'm not sure I would deploy it today on 10 C class SFRs for that return.

@Michael Privman Your first few years your return on deployable equity is in the 20-35% range.

Or if the property doesn't appreciate 10x like you hope it will in 20 yearsOpportunity Cost of CapitalTime Horizon - while you're waiting years and years for this investment to come to fruition you could be deploying that capital to produce income for you and most importantly developing the capabilities that would give you the leverage to develop that valuable land later in life (buy it from some other bozo that had your plan, at a fire-sale, and develop it yourself)All this said, my caveat questions are:What's your time horizon?

Investors can take their capital and deploy it how they choose.

The only upside to pulling this equity now and not deploying it into another asset of some type for a ROIC (return on invested capital) position that you are happy with, is getting it out of an equity position which could suffer loss in the event iof a market correction.