This can be counterbalanced by the fact that there should be an instant increase in market value of the apartments, although not all would be a windfall since some of this increase would be attributed to the payoff of the underlying mortgage, which of course would result in cash paid for their share by the individual owners or a larger individual mortgage on the condo units.

I would like to start picking up larger tracts of raw land- as long as the property cashflows with 20-30% down the purchase price doesn’t really matter.

Yes I can do alot of stuff around the house but why do tasks like sheetrock, paint and trim when I could easily hire those tasks out and be billing my plumbing clients to leverage my time better. 

I feel the urge to partner with other investors and purchase a larger deal (something like an 8-16 unit) to scale faster.

Now it’s 3-4 units(my area doesn’t really have much larger) that either don’t need a lot of work or I can buy for a huge bargain.

As an out-of-province investor, I might want to start with major cities since they have a lower risk (i.e. larger population --> easier to find tenants, easier to find property managers & contractors etc).

Our primary markets are larger cities within Texas, but I also wholesale in Ohio, Florida, Georgia, New York, Arizona, Illinois, Colorado, etc. 

A while ago I used to complain that I had no time and someone recommended that I wake up earlier in the morning to take care of real estate tasks such as looking for property.

I also think your podcast host will have a larger net worth, so the vacant building loans are safer with a stronger PG.

If I sell the property for $10x 15 years later and want to use a 1031 Exchange, how can I differentiate my personal homestead from the larger acreage.