This will help me understand my budget, what markets to be targeting, and how to go about analyzing potential deals accurately

That being said the interest must be attractive enough for someone to agree to go into 2nd position.

If they have an objection overcome it and redirect them where you want them to go.

@Raphael Turner  You would be able to go up to 75% with a conventional cash out refinance - that would pay off your current loan and you would keep any funds left over as cash out. 

It took all I had to calm Cara down - we had no other place to go!

Don't go overboard, but that brown, striped white and blue has got to go. 

I was thinking of seperate LLCs for tue exact reason you stated, to prevemt someone from being able to go after all properties.

Market cap will fluctuate based on supply and demand primarily, then on condition, desirability, local economy, and other similar factors.

You will still need liability and umbrella insurance.For me, after analyzing my situation, I decided to go with one LLC per property with a holding LLC and a property management C corp.

My husband and I are relatively new to Real Estate Investing and are seeking to grow a portfolio of cash flowing properties in order to  achieve financial freedom and ultimately support our desire to serve as missionaries.