Second, a stable asset that cash flows predictably attracts buyers who want relatively hassle-free stream of income and have a long term time horizon.

Or should I cash out and put the money towards buying a second property?

My second card was the Chase Sapphire that offered 50,000 points if you spend $4,000 in 90 days (2016) The 87$ first year fee was waived.

BRRRR deals are a close second.  

It sounds like you will be looking to get the second loan very soon after the first.

I lived in one unit for 2 years rented out the other 3 then moved on to another 4 unit and did it a second time.

If you try to get a seller financed second mortgage you may have to call around to a bunch of local banks and credit unions.

Hey Eric, I'm not sure about any meetups in the SW suburbs, but there is a couple that I know of in the Downers Grove / Lisle area if you're willing to make the trek: DuPage County Real Estate InvestorsLifetime Cashflow w Multifamily Real Estate Chicago MeetupI have not yet attended the second one I listed.

I second the suggestions made by others.

The likelihood of someone taking your EMD is much higher in commercial REI.