While we both have strong W-2 incomes, the large number of properties I own has made conventional lenders and agents caution that securing a loan for our primary residence could be a highly complex process.I’ve consulted with some local banks I work with, and one has expressed potential interest in financing our primary home.

For simplicity, consider forming separate LLCs in each state for properties, using a revocable living trust for probate avoidance, and securing umbrella insurance.

For this, plan on securing at least 12-15 acres of land.

Depends who you ask and how secure you feel about your income On the one hand being debt free is great, but leverage allows us to build our wealth quicker.RE investors are notorious for being cash poor, so I would avoid thatIf youre able to comfortably save 100k a year and have enough reserves, I think buying leveraged properties is the best way to scale.You could kill two birds with one stone theoreticallyThey say paying an extra month a year towards principal saves you 7 years on a 30 year fixed mortgageUsing that logic you can add 2+ months a year on your primary, and buy 1 property a year and keep enough reserves. 

with auto-pay options, automatic late fees, and reminders, lease signing, security deposit collection, etc. 

Assumable VA loans are an excellent opportunity to secure favorable terms, but there are specific rules regarding who can assume these loans.

Always charge at least some sort of security deposit, and the first months rent up front upon movein.7. 

Built in security as I don't visit the land much as I am in Connecticut.

They made the bank think that Joe wouldhave to do the collections and secure the collateral.

You can find fantastic properties that fit various investment strategies, whether it’s securing a multifamily property that offers attractive cash flow or opting for areas with significant appreciation potential.