Quote from @Erik Estrada: Quote from @Mario Morales: Quote from @Erik Estrada: Hey Mario, I think you should first establish whether or not this is a non-owner occupied rental property or if this is just a primary residence refinance.

Well I may not be the most seasoned in the world but my wife and I have established processes that work for us. 

Quote from @Brandon Larson: It's important to have established policies and procedures, but I wouldn't put a lot of effort into that with only a duplex under management.

I am about to settle on an established rent-by-the-room that is within the same few blocks. 

Hi Sean from Upstate New York-You have a full time career and have been studying real estate investing.You are asking yourself if you should accumulate properties one by one or a bunch all at once from an investor selling their portfolio.Personally, I would advise you to accumulate your properties one by one using the buying criteria you establish.

Once you establish these relationships, deals will start coming your way effortlessly.

Once you use those to establish your experience (along with appropriate LLC Operating Agreements to show involvement of owning LLC) then 2025 should send you to the moon!

Eliminate debt, establish a budget, and save.

It's very important to establish trust as much as possible.   

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not?