"Value add multifamily" is a cute term, but it will be an absolute bear of a project that will evaporate cash if you don't know what you are doing...and perhaps even if you do know what you are doing.

Dont know where to start any suggestions will be great thank you For the 300k property they are probably not going to let you pull any money out based on the amount of credit you already owe.

Let me know.

You clearly don't know our market in Sarasota. 

While you may not qualify, it's crucial to know what exists so you can have informed discussion with your accountant.

I know that true real estate investing is not get rich quick.

I often hear, "Oh, I didn’t know" or "Oh, I forgot about that," followed by reluctance to go through the effort of gathering the necessary documentation.

Remember, ignorance is NOT a defense in MN on real estate and housing law's, so it's VERY important to actually know them, not just what someone else says they are.  

You wouldn't know if it is truly illegal or not without asking the city, which you would not do obviously.

I have been to the DFW area a few times but not specifically to these northern suburbs, but I know that DFW is one of the fastest growing metro areas in the country with a robust economy, and I expect it to keep growing.