The ink isn't dry yet on my closing and I am ready to buy my 3rd investment, but I need to know how to go about strategizing the next deal.I did a refi cash out on my 1st investment to buy this 2nd home out right, is this the smartest way to continue to buy or does anyone have some ideas?

For other items, (i.e. framing, roof, siding, floors, windows, dry wall, insulation), do people prefer to use one crew who can handle most of this (typically the interior crew), or are there separate contractors who will handle each of these (or some of these)?

Consider construction stops during the last crash, the lack of bank lending, the lack of present day private lending (playing too safe and requiring returns that won't make sense for investors), the lack of deals due to all the foreclosures drying up, inflation in everything else from groceries to building material, and the destruction of tens of thousands of homes from natural disasters...from a supply demand stance we'll be seeing some rising prices.

@Rex Li I would first if you are able pull up the vinyl flooring, install a dehumidifier/fan to start drying out everything.

Make sure you enough reserves to last through any dry spells.   

When it was all dry enough, my husband (75) would climb the roof to add more patches.

Typically a coax line is pretty cut and dry it’s a single coax cable that runs from the wall outlet back to where it connects to the cable company router, it could be as simple as replacing both connectors but you would need the tools to do that.

Here is some unit information. https://www.biggerpockets.com/analysis/rentals/ea1e841e-8af1...Unit 3 Information# of Beds Total: 1# of Baths Total: 1Actual Rent: $500Occupant Information: Tenant OccupiesFeatures: Central Air, Dishwasher, Range/Oven, Wash/Dry ConnectElectric Included: NoGarbage Included: NoGas Included: NoWater Included: YesMaintenance Included: NoMulti-Family Information# Of Units Total: 3Unit 2 Information# of Beds Total: 1# of Baths Total: 1Actual Rent: $700Occupant Information: Tenant OccupiesFeatures: Central Air, Dishwasher, Range/Oven, Wash/Dry ConnectElectric Included: NoGarbage Included: NoGas Included: NoWater Included: YesMaintenance Included: NoUnit 1 Information# of Beds Total: 1# of Baths Total: 1Actual Rent: $700Occupant Information: Tenant OccupiesFeatures: Central Air, Dishwasher, Range/Oven, Wash/Dry ConnectElectric Included: NoGarbage Included: NoGas Included: NoWater Included: YesMaintenance Included: No

(Learning how to buy sfr REO's today, after inventory has dried up, may not be the right timing for a primary strategy, at least in my market) What are the other alternatives for gaining the same knowledge?

With my MTR’s in the area (Boulder, Longmont, NW Denver, Wash Park), I see a lot more action in the spring and typically fill them with a longer lease for fall/winter as the market dries up for those months.