With two properties under your belt, I recommend you making sure your next buy is what they call a "fat pitch" ...in other words, one you can knock out of the park...you're young enough to wait for it.  

Hi BP Community:Looking for proactive/preemptive ways to minimize the 50% rule to maximize your NOI on passive income properties.

You'll have to develop what works for you.Do a pre-screen over the phone to minimize waisting your time on a showing.

The investment should be done to maximize the return while minimizing all the risks involved.

They only require you live in it for a few years and with 3.5% it's fairly affordable with minimal downpayment.Most all lenders are going to require you to put something downYou could also partner with someone that maybe fronts the money for the downpayment.Then you could do some fix ups if needed, refinance and cash out. 

However, I'm having some difficulty putting together a Pro Forma with accurate local/current construction cost numbers.I haven't yet signed on with a construction company, and am needing this proforma for my investor pitch.

My main focus is to obtain all the knowledge that I can so that I can minimize the risk of failure.Look forward to connecting with everyone and soaking in every bit of info that you all have to offer.

@Ryan BillingslsyRyan,I love the topic, and have been pitched no fewer than 15 times over the last 7 years.  

What is my best route to getting money out of the place to buy one or two more rental properties with minimal cost to me?

what are things you guys do to help minimize issues.