We have accumulated quite a bit of equity in our properties and I would love to use that to scale up.

Whether or not overpriced is somewhat irrelevant because once those DOMs accumulate, you've now lost all your negotiating power and at mercy of buyer.Ex...I go all out and in for 140 and would like 200 as perfect comps...may get brought down to 180 if dont move right away.

I’m interested in out of state rental properties, but worry often about this being the case.So, when is the right time to fly out without accumulating too many airline miles?

A HELOC on the accumulated equity in our primary residence is how we started BRRRRing in 2019 and has accounted for all 7 of the properties we've acquired since. 

That said, I am quite young meaning that I'm in the stage right now where I'm simply accumulating capital so investments won't be in the immediate future.

If you want to be a successful investor and build a business, accumulating SFH to a portfolio is a long term endeavor.

Having renters will help cover the cost of owning the building and you start accumulating equity.

<sob>sick of corporate work - working for someone<sob>now we have that out of the way, i am just starting out and have not got my first purchase yet..I am going to take somewhere between $20k and $50k max out of my current primary residence to get me started in real estate...I am having trouble figuring out a strategy though...Number 1 long term goal is to have accumulated income producing (cash flow) properties.So, i wonder if i should either:- try to buy 1 or 2 SFRs or duplexes to start off with as a way to get experience and rent them out - Comments about the property mgmt though do concern me - i would have to include this as an expense as i don't want to do that atleast while starting out and still working full time.OR- try to flip/rehab a few properties to build capital - say 2-4 properties and try to build $100k+ to dump into an LLCOR- leverage the $50k to try to find a larger apt building (say 10 to 20 units), have it property mgm'd and then think about flipping/rehabbing to build capital/equity...Not sure if this option is too much to start off with though or if I could get the finance.

My goal is to be able to accumulate enough properties to be comfortable in retirement and leave something for my children.  

@Richard Sherman so then are you continuing with the brrrr strategy to accumulate properties or are you going more the “traditional” route and saving up between each new property so you can purchase with 20% down conventional financing?