Start by leveraging what you already have—consider tapping into equity through a HELOC, house hacking again with an FHA loan, or increasing cash flow by converting a unit to a short-term rental.

At annual rent increases, I do scour Zillow for market rents in the area, which I share with my tenants.

Identify the need that you can deliver on.Grow: you, your income and opportunities will increase as you continue to do the above.Biggerpocket podcast is a good launch point.

There doesn’t seem to be a lot of great deals where I am since land has increased in value so much in the last few years.

One of the things to watch out with mobile home parks is the increase in lot rent.

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

Greatly increased lending capital by transitioning from a ‘blind pool” fund to a series LLC / syndication model where investors know the property lending deal before committing to any loan and can “pick and choose” whichever loans they do or do not want to participate in.  

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

So if prop 33 passes it will be possible to cap rent increases from one tenant to the next.A recipe for blight.  

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!