I'm in Los Angeles as well and I've snowballed up to 20 units in MO and TX (mostly BRRRRs).Since you're local, you should join our monthly investor meetup in Woodland Hills.

Well that clears it up!

I own the land, I got it zoned for multifamily and I got the plans, elevations, renderings worked out. 

I currently have 30K cash from the cash out refi I did on another property as well that could serve as a DP.I would love to hear thoughts on what the best course of action would be to get more cash flowing into the portfolio.

What are your plans? 

There are pros and cons and it's important to be aware of the drawbacks as well as the benefits. 

Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.

I look forward to learning more from all of you on the RE side as well. 

I would argue that a duplex is more affordable - are they doing the site work as well?

It's a great way to visualize and plan your investment strategy.2.