If you only have a couple thousand dollars, no access to other funds, and a sudden need for 4K-5K crops up that causes issues I would consider waiting a few months.

@Mark Davis  Each time there is a transaction with a loan involved the lender will require a new, updated title search and a lender's title policy.  

It has their name and a pin.

In both investment adventures, there are pros and cons, but not really knowing where to start, I was hoping to get some advice or find someone local in the area to meet up with and get more information.My husband and I currently own 3 rental properties – a row home in Baltimore City, MD a single-family home in Baltimore County, MD and a condo in Ashburn, VA.

I'm independent, no debt, no student loans, very low tuition (with financial aid grants), rent of $500 per month, credit score above 750 and a small chunk of change saved up in the amount of $15,000. 

After moving around way too much, and a few years of quietly observing, I'm finally ready to do something.

This guy talked for an hour and a half and explained nothing but why wholesaling is awesome and how awesome probates are. 

. - Option B is a little more farsighted, and a little less "analysis" based.

@Michael Dang   I recall reading something not too long ago that said the huge warehouse market was overbuilt in Houston, but the small light warehouse market was underserved.I assume you're talking about the smaller projects with a rolling door and a big open space with a small office and restroom.

In general, a lower cap rate indicates there is less risk associated with the investment (due to increased demand) and a higher cap rates can be associated with higher risk alternatives."