I would highly suggest doing a 5 year PPP if you think the home will appreciate 5-6k by the time you next refinance.DSCR, 5yr PPP, 750 credit, 65% LTV Cash Out: 7.624% (no points), 7.374% (1 point), 6.99% (2 points).We crush TX

Some of the markets I'd suggest (assuming cash flow is your goal) are Cleveland, Akron, Canton, Toledo and Dayton.

I am under contract for 3 properties, however there is one thing about it, one of them, its located in South Memphis zip 38109 (Mallory area).I know I know I live in Memphis, I know that the area is bad, however I am feeling that the market it pushing investors towards the hoods of memphis because it is getting expensive (even Frayser is getting crazy expensive which I find crazy), I did a few visits in that specific neighborhood and I honestly didn't feel it was really really bad as the rest of South Memphis, I am really not worried about tenants paying on time in my rentals because I always focus on Section8.Was wondering what are peoples insight in regards to investing in those areas with section8 tenants?

We have a real estate attorney, - Is there a suggested amount of properties to have in one trust? 

I am considering buying land and learning ground up construction, so just wondering how much progress you have made (if you decided to subdivide and also if you did a tear down and rebuild or just renovate) 

Does anyone have feedback or suggestions on locations.

What are some suggestions for better systematizing a small portfolio, to where we’re not doing it all manually, and we can have reports to better assess where we’re at throughout the year?

Jose,All I can suggest is to shop it. 

Theres many states you can invest in and since your young if your open to moving I would suggest going the house hack route where you can buy a property and live in it while renting the other rooms or units if you buy multifamily.

The house's electrical system seems to be functioning properly, but given its age, we're wondering whether it would be beneficial to replace it entirely( I.e update the whole electrical system) My question is this: Would installing a new electrical system increase the value of the house and make it more appealing to potential buyers?