Feel free to ask any questions in the bigger pockets community!

What I later found out from the seller is that this house is part of a bigger lot with a total of 6 units (Yes!

(Weird strategy, but I was in my 20s, and it was all trial and error, mostly the latter) After recently discovering bigger pockets, I want to use my equity to circle back and expand our portfolio.

Everyone has their own risk/reward tolerance. and knowing me being a very conservative person, I really  like your idea on how you go on buying your rental properties. 

Great realtor to back into values2. builders to get idea of vertical sq ft costs3. land planner/ engineer for the city county state permitting process.So I find out the big rocks.. then hone in a property that seems good.put it into contract .. then I hire a consulting engineer land planner to do a feasablity study.. if your an existing bigger client they usually do them for free .. in exchange to get your work.but most likely you will have to pay for it.. 5 to 10k is what you can expect.this will include what needs to be done for regulatory approvals.will include environmental hurdles IE who you have to hire / do yo need a wetlands study etc.basic take off on infrastructure costs..

Some of the bigger/contractor oriented Ace hardware stores could also have, or be able to order the drive bits with about a 2 day delivery.

It's not 2009 anymore so you won't get those $8,000 credits but you could go bigger than I did & buy yourself a 2-4 unit & live in one unit while renting out the others.

@Nathaniel Anderson Welcome to Bigger Pockets!

I don't know many investors that enjoy kicking tenants out or forcing them out with major increases but you need to run these like a business if you want to enjoy the rewards of a business.Determine market rate and bump them.

I plan to keep rolling the cash flow in to new and bigger property’s.