Is the problem physical depreciation?

My husband and I have been reading blogs and articles about investing in rental properties, and we're also being mentored by a family friend with lots of experience.

Lots of interesting articles/blogs on BP to help you decide which strategy might be best for you.Best of successChad

Maybe a private FB group page where we can share articles we find interesting. 

Recent local article shows this area is not expected to appreciate in value until 2023.

An interesting article came out yesterday talking about lowest housing inventory ever in Sioux Falls, South Dakota.

I am now in the process of the cash out refi process and ready to go after the next one.Unfortunately, I used up a lot of my funds on the first and don't have enough to cover another cash purchase in the area I buy.I market like a wholesaler but I intend to keep the properties I am aiming for myself due to the knowledge I am gaining in this particular area I focus on.So to keep my itchy finger at bay, I have started to study other areas surrounding me to start some true wholesale marketing to sell to other investors.I read and study all I can but it is no where close to adventure of dealing with a physical property.

In other words, you should be spending your time (every minute you physically spend you can't get back) as a Real Estate Investor...not a babysitter. 

The Bigger Pocket's Allison person send me an e-mail with an investor post that talked about how IRR is more important to an investor than NOI or the cap rate, but nowhere in the article did it explain what IRR is.

Secondary to financial needs I've decided to take on a partner, family member in law who happens to be a CPA (general CPA).I came across this article from August 2016 which I found priceless for my needs. ( https://www.biggerpockets.com/renewsblog/flexible-...)I would like to follow the path laid out by the author of creating two independent LLC's operating under a parent LLC.