It sounds like in your experience, creating meaningful relationships comes from producing at a high level, through both hard work and quality work.I hadn't considered that as you grow your wealth and business, some of the people around you might feel alienated and defensive.

My strategy for screening tenants:List property with great photos and description—this is KEY to attracting your best potentials because it also helps you ask for at/above market.When you receive a lead, be sure to pre-screen.

What a strange market that is…. 9 mil visitors with similar attractions but the numbers aren’t even close. 

You are trying to attract high quality tenants, not people looking for a mom and pop landlord they can easily take advantage of. 

They're based on the property's ability to produce income and your credit. 

We are getting a great deal (buying from a family member) so it will be income producing and we already have other multifamily to qualify as experienced. 

They’re in highly desirable places that should be positioned to hold their attraction for tenants and resale value for years to come.

So I'd much rather use the equity as leverage and get into other cash-producing assets.All that said, it is a best practice to bank locally for these things.

However, the Cashflow produced by a handful of properties is enough to cover that expense on an annualized basis.My goal is a cash out refi to source the funds, keeping the Cashflow as further reserves. 

@Bryce DeHaan what is your experience level and what would attract an investor to invest with you?