On page 245 of this same book (Kiyosaki's) I'll quote him, "If you are serious about doing business, then you do NOT want to do business as a private citizen.  

He's a little slow with responding so you may need to message him a couple of times if you don't get a response from him within a day or two.

Congrats and stay on track mate hoping you and I one day can have our time back!

Remember that most good tenants give notice at the end of the month, so if you post something for rent on the 25th to get someone in in less than a week, chances are you will appeal to the exact type of tenant you want to avoid.Determine if your place needs any work, leave time to do that and try to post it for rent in the first 10 days of the month.

Am in the same shoes as you were.. looking for build to rent/turnkey/PM.. thanks!

The court date is set for 7/16/24 at 10am (a work day) and according to the JP, I can cancel up to 2 days prior to court date.

Hi Navid-To start, I am sorry to hear about your father's dementia.It is fortunate that you were able to sell his business and he invested in 6 investment properties in California 10-15 years ago and he and your mother are living on the cash flow from those.You now are thinking about expanding your father's investment real estate portfolio because California is so expensive to live for them but don't have the same experience and confidence being new to investing.This is an honorable goal and you are right to be cautious and thoughtful.You asked about whether you should cash out refinance each house or borrow against all houses to get downpayment for new properties.

NO TODD this " squatter " would have been gone in a day. 

All the best  I’m actually thinking the same exact thing, interest rates are too high to tap into equity, I’m thinking of selling a couple of my properties and buying a multi family with high ROE honestly that’s what’s been on my mind as my best option in the last few days!

I was asked the same question when I was applying for my HELOC, and I was approved with no problems.