Sometimes there are years in between acquiring houses.

We bought our first house in 2014 (a 3 family with lots of problems) and within a few months it created a raging hunger inside of me to acquire more.

If so, what has your experience been like as far as profitability, acquiring properties, working with property management firms, DC vacation rental laws etc.

Acquired at auction so the price was right.

I'm currently looking for my first quadplex purchase and will be using an FHA or FHA 203k loan to acquire it.

I have met with my banker 2 days ago to discuss my options to refinance when he asked me why refinancing and paying closing costs again instead of applying for a line a credit on the properties.Refinancing or line of credit, which one would be best to get my cash out to acquire more properties as an investor?

Real estate rarely goes as planned, and you need to factor those unknowns as an expense.The dream is to acquire a home at 70-75% ARV.

This is one way to acquire properties, just realize that you will ruffle a lot of feathers with this approach.

Basically, you want to be sure that you count ALL costs to acquire the property and offer it for rent. 

In terms of financing, what instruments are typically used for acquiring STR property?