Long term, my goal is to replace my 9-to-5 income by growing my rental portfolio to include multiple apartment complexes. 

I have a two year plan to sell the condo and move into a single family home possibly in Encino.I currently owe 295k on the condo, two units in the same complex just sold for just over $500k.

I'm still renting as well and I haven't looked into house hacking, but I've also managed to get a really sweet rental deal so I have little incentive to move anytime soon.

JM ... your are living in Broward County, you are 'thinking' of investing in  in Hollywood (still Broward County) ... yet you are tired of the commute to your job site ... it would make more sense for you to seek an 2/3/or 4 unit complex in DADE COUNTY! 

But we're already actively involved in note buying and 30+ unit apartment complexes ("involved" means Anthony Chara's boot camp, MNREIA training sessions and meetings as often as possible, note purchasing club where we're actually investing in one, etc).

that's sweet because pmi adds upView Photos Comments

Yes, I love that triplex for potential, esp if they do go ahead with developing that old high school complex as planned. 

I know there is like a happy medium I am told where the market is not "too hot" but just the sweet middle ground?

FIrst property for me and plan on using the money from the refi to invest in a apartment complex.   

My main source of income is now from my rentals. The question I would like to ask is  there a thought on who makes the best renters. Shld we be concentrating on low or high end?, millennials or baby boomersIn an econo...