You might also look into learning about BRRRR (Buy, Rehab, Rent, Refinance, Repeat), a popular method for scaling a portfolio.Network Locally: Engaging with local investors and attending meetups in markets like Dallas or Fort Worth can provide insights and connections that are invaluable.You'll find that momentum grows quickly.

I quickly figured out duplexes aren't the greatest for cash flow so I sold it a few years later and started investing in RI.

Really your reply is the kind of thing that has made Bigger Pockets so valuable for people like me with more limited access to a broad range of more experienced professionals.

Certain forums are private for LPs only, and those with GP memberships cannot access those forums.

When I go into a new market I try to buy a property quickly.

A quick search says they have 5 days to appeal and must post a bond equal to a months rent.

We don't see the level of demand that we had in 2021, but we haven't had much turnover, and we've rented quickly each time we've gone to market.Next year, we'd really like to cash-out refi or 1031 exchange some high equity properties and buy our first (large for us) 30-50 unit (1978+) multi-family.

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

But for an OOS investor one consideration is access to support, first of all PM & contractors, and you have more choices in the much larger Milwaukee metro area than in a smaller submarket.

“Ricardo, I like the way you’re thinking—turning a 2-unit property into a 4-unit is exactly how you create value and scale quickly.