From 2000-2005 we went from a peace time military to full combat operations in two different countries and due to that congress approved increases in military manning and the Marine Corps grew from 183k to 202k.

Hey @Randall Prosise I would increase your Liability to 1mil.

Take CREI for instance, 3-5 years ago nobody dared to think outside the SFR/seller-financing/wholesaling/flipper box, now multifamily is becoming everybody's gig.Thus, let us stay nimble, practice, learn, grow our network (PM me ;-) ) and expect to gradually change strategies as everything changes.

You will increase your odds of starting and succeeding by saving up the cash you need for a DB (and a reserve fund) before you even consider risking it all. 

And would it increase financing difficulty as lender would probably prefer general deed instead as wellTIA for sharing your knowledge/experience on this

Is there room to increase the rent?

5) What I am trying to do is to gradually receive the funds, but I'm not sure how to accomplish that.6) I have heard a suggestion to do multiple 1031s and receive a certain amount of cash year, but that would be alot of work since I would have to buy 90% of my current assets, then the next year 80% of my current assets, etc.7) I don't really trust the TIC and/or DST (Delaware Statutory Trust) type properties, so I tend to think of this as the most likely resolution.8) Since some of these properties are triplexes, some would be classified as residential. 

But that's for another blog.Thus it's important to run numbers conservatively with built in saftey for when the people move into the brand new A-class buildings increasing our "old" asetts' vacancy for a while only to pick up all the A-class peeps again, once they realize they can't afford those rents anymore, which will in turn have an effect on all rents. 

If you're looking at 5+ units, you want to compare across cap rates (NOI / purchase price) and opportunities to add value, increase rents, and decrease expenses. 

Affordable Housing Incentives - The city of Oakland will reduce set back requirements to build on a lot, and actually increased the number of permitted units above the zoning limits if you build a certain % of affordable housing units into the building, and commit to keeping the rental units in a program like section 8 for 55 years ( see here).