The purchase price was $87750 and the comps I ran that time were in the $150k's.

When I ran my numbers, it would take 17 months of my property's cash flow ($350 p/m) to pay off the HML ($6k).

I checked out those area and found decent return (which I am satisfied the number I ran through).

I ran numbers with the Developer at List, John Lum, who built about 20 Town Homes just before you get into Old Port Tampa and he said that I would get quotes to build two story Town Homes on my four lots starting at $120 per sq. foot.

BP Gang,But I am reaching out to my fellow investors to get your input and thoughts on the following scenario:Currently own a 6-unit Apartment complex in San Jose, CA held in an LLC formed in beautiful CAOwn another 6 units across 2 separate properties in Kansas City, MO (KCMO), of which the title is held by myself, my wife, and our partner.KCMO properties have $2mil in liability insurance coverage each, with another $5mil over a blanket policyI tend to agree with the folks on BP who WOULD say, that in this scenario, it's not worth the initial and ongoing costs to establish another LLC for the KCMO properties.

Since there's been so much ongoing rehab, and EVERYTHING is more expensive, im starting to run low on funds (again). 

This is when I ran into this situation.

.- Education: My ongoing personal development was never about making more money but rather having a sense of fulfillment day in and day out.

The advice I ran with is the advice I give, always buy the most marketable property while in the Service, you never know when or where you'll be going or if you will need to sell.A nicer detached single family will be more marketable than any duplex, anywhere and anytime, you have the broadest market to attract a buyer.

I don't plan on going to college after highschool, instead I plan on doing real estate investing full time.