As an investor, I refuse to play that game and click to the next listing. 

I have been playing around with the numbers and I've found that using an FHA loan (which I am confident I qualify for) I can get a 4 Plex and have a really solid cash flow.

Obviously NOI plays a big part in bigger markets as well as the tried and true "70%" rule for flips.

Hard to give any input/advice without knowing the details of your first deal.I wouldn't be in any rush to pay off my properties and have dead equity sitting in them though.

You can call them too.Longer play, some national companies are always on the lookout for space.

@Alex Howard we specializing in structuring purchase money mortgages...and I do a few of these a year...my personal play is a little different.

The secret, is to get out of the current ones first...before they take away all your chips/cash, and eliminates you from playing in either game.

I had a glorious $2.5 million value in my head and thinking about cashing out $450,000+ had all kinds of lambos driving around in my head. just kidding :pBut that would have been some nice money to play with on future investments which will in turn...= a better car haha

If you have a competent attorney that is dead set on piercing the veil of the LLC to get to your personal assets, they in most cases can find a way to do it.

[Full disclosure - I was the buyer's broker and am the PM for this property...And I'm truly not being defensive or argumentative, simply playing the optimistic devil's advocate (if there is such a thing?]