Multifamily is also a good asset class to own. 

I have a home that I bought for 600K+ about 38K closing costs, interest 2.875%, I've owned it 3 years and owe 220K on it.

Hi Daniel,Do you means of collateralizing assets you own for a short term funds like a primary residence or other assets?

Partner Driven financed the Schilling Road deal using its own capital, covering the $280,000 purchase price and $62,000 in renovation costs.

Just looking to validate my own thinking.

Like others have mentioned I would start to branch out and find your own connections to create your own path forward whether it be renting or selling. 

With a management portfolio of about 300 we get about 10 maintenance requests a day, this is much more difficult to manage on your own.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

High level $200k for a $36k gross return is a low yield..however I think there are a few variables..with 35% down you should be able to get stronger lending terms, if the seller is workable you could entertain a concession towards a rate buy down for lower obligations, possibility to look at shorter duration (ARM) loans if you only intend to own 3-5 years which could also offer a lower rate.

I was born and raised in Mexico City and I’ve resided in NYC for over 11 years.I own a couple of short-term rental properties in Mexico City.