He outlines how to build your team to optimize your understanding of a market that you may not otherwise be familiar with and how to get everything you can out of of an agent, a property manager, a lender, and a contractor, if need be. 

We're still looking, but in the meantime, we're using funds to optimize the units we currently own.

Martin Selgman from his book learned optimism

I like the optimism Michael however I don't see the improvements coming for 2-3 years.Michael Just out of curiosity who is your IA?

Be prepared as a foreign national if you want small value add even if you find a bank willing to fund the rates tend to be higher and the LTV lower.The national with having to put a larger payment down then has to look at low cash on cash returns.If a buyer is Canadian there are Canadian banks here in the U.S. in some states that will usually lend.RBC Bank is one.Some countries do not have tax returns and it's hard to see if the money was laundered etc.Larger properties as mentioned are more optimal for foreign investors because the lenders know an experienced property management  company can be put in place.

Another reason is also lot of customer is doing opex optimization so many of them are delaying order, when customer is delaying order then eventually there's no need for folks to be 24/7 8am-8pm in the office like before.Also with cloud computing with software like Zoom and Ms Team and online collaboration tools, there's nothing that we can't do by online. 5 guys changing spreadsheets ?

Between 1-9.99% on each Credit Card is optimal, not 1-9.99% on the aggregate!

I used Zillow’s new 3D home app to create a virtual tour, but that was more to get the ranking optimized on their platform.

I understand that a potential vaccine has sparked more optimism, but what's next for this market and what should we be doing to stay ahead of the game?

There's little doubt that you can invest the money at a much higher return that the cost of capital, so there was never any question as to the financially optimal decision.