I'll probably make it into an efficiency apartment, someday.  2 top floor apartments have their own electrical meters, 2 bottom floor apartments and garage share the one other electrical meter.  

I worked as a mortgage broker for years, but I was hoping there is a more efficient way other than waiting 30 plus days and jumping through the hoops.

You get efficiencies of scale and can build faster.Initially, you may not make more cash flow from 4 leveraged properties than you do from one free-and-clear property, but your getting 4X the appreciation and depreciation.

And, its a lot more efficient.

Without all three knowledge bases, working together as equal parts of a whole, you can reach success quickly and efficiently. 

Of course, the bright side of this ratio is the (perhaps illegitimate) assumption that they must have efficient systems in place to deal with that number of properties.Option 2 is a fellow BP member (I won’t call him out but he was nice enough to offer using his name) who self manages properties in the area.

Very efficient Reno.

I have learned that not many investors will explain how to better tax efficient or how to use its equity...I need to figure how can I go about this?

Sure, but wouldn't it be a better investment of time and money to hire someone that is good and efficient at it instead of investing your time and sweat equity into it, when the professional is probably going to do a better job anyways all while you can spend that time on something else?  

What’s the most efficient  way to raise capital?