Additionally, they are readily available to offer advice and to make strategic changes that will benefit the project.Make your project as painless as possibleAnother benefit to hiring a general contractor is the fact that you can relax.

Background:I've currently got 4 SFR rentals (all acquired from turnkey providers) and 1 primary residence.I've got approx $40k in savings(for investing) and just acquired $100k HELOC on my primary residence.Looking for some different perspectives on what others would do with this money for a "next move".Thanks!

I have an additional question though.

Currently own one rental and looking to acquire more in the pursuit of FI.

Additionally, if anyone has any ideas on how to find market lease rates and companies or firms that build steel warehouse buildings that would be greatly appreciated as well.Cheers,Mike

Do you plan to wholesale or acquire rentals for your portfolio?

The cap rate is still at 10%, and assuming other buyers in your market would only pay $1,000,000 you have additional risk.If you are analyzing deals involving cap rates, it would be highly advisable to consult with a commercial broker that knows the local market well.

I have been listening to the podcast and am getting really excited to learn all about the different ways to earn additional income as a real estate investor.

Keep the rest (117k) for savings/additions/whatever else/maybe pay the monthly mortgage??

Failure to do so results in having to refund the entire security deposit, PLUS an additional 100% of the original deposit.