My cash is tied up @ the moment w/ the other 2 props that I have.

In your shoes I would focus on a market close to me and farm the area with direct marketing for off-market or seller finance deals. 

The renovations are tied to equity value.

The pitfall with this strategy is that the money is tied up until the property owner redeems. 

I saw He also acquired a pet a snarling aggressive 150 pound pit bull tied up to a logging chain in the back yard .

@Ashly McGlasson  How is the money tied up in your current house? 

He got them from people upgrading their generic remotes to a more secure device that ties in with their security systems.

If I woke up in your shoes, I would bank as much cash as I could and go get as many income-producing assets as possible.

You will make less money, but when their money is tied to yours, they will help you make less mistakes as well.

I have been told that I should first become an equity partner in someone else's project, but I'd rather not tie up that cash if I could get it all back through refinancing.What's my best strategy to start investing in hotels?