Just some food for thought.

Food for thought, these were just the small questions that immediately jumped into my head...good luck I hope you make out successfully!

Food for thought.....

My response was, "I wear steel toed shoes for a food manufacturing company".

And there is hot spots you would recommend I'm interested in taking a look at them.

This is where I'm not sure how far to deviate from the 1% because as long as I'm net positive for the month with all my other expenses (food, gas, general living etc), it could be a better use of my funds to wait in the rental until I have a larger down payment/better ROI deal.

You will only see names of people either in the thread or who you are friends with.Speaking of meetups @Duc Ong is hosting a MultiFamily meetup soon at Whole Foods in Ward I think.

The question is should we refinance the current property we are in take out a home equity loan of credit (which should yield $60K to $75K ) and purchase a BRRRR property instead?

What you're describing is exactly like sitting down and eating a meal at a restaurant and then complaining to the restaurant that the food was no good.

If they are not an investor or have limited first hand knowledge of the market you are interested in, take their advise as one of concern for your wellbeing but not necessarily in your best interest.