By the end of 2019 I am expecting the numbers to be 5.1Mil / 3.2Mil.i will continue secure more assets for 4 years then I will stop and pay down the loans, my end game is to secure a large 30-40Mil apartment unit complex.

Granted, at 28 she's still a bit young to have fully learned from the school of hard knocks that a criminal record is going to keep her out of a lot of rental housing.

I'm not sure how to proceed in securing funds or do I just keep saving to buy the next property?

The BRRRR strategy sounds great to me if I can find the right deals and secure enough money to get going.

It's not like you can just raise the joists a foot and secure them to the 2nd story walls.

It takes less than 2 weeks to find a qualified tenant and process them through a rigorous tenant screening process.Even in situations where there will be some re-painting and some renovations, the tenants are just happy to find a secure, good apt in a safe and trendy neighborhood.When I build my Business Plans, Vacancy cost is projected to be ZERO in my investment localities.If a friend or relative invests in a different location, then I look at the asking rent versus the Fair Market Rent (FMR).If the asking Rent is approximately the same as the FMR, then, depending on the vacancy rate of the target area, I would estimate 1 month vacancy allowance.IF the asking Rent is significantly below the FMR in a highly dense locality, then there is no point on adding a vacancy of any significant value.I once had an apt with a FMR of $3k per month.

@Tony Castronovo If they are the ones I am thinking of they are not very secure. 

If this is your primary home, then maybe there's a reason to over pay...school zone, job, security, etc. 

I have traditionally offered good security at a 75% LTV and 15% interest with no points but at this point, I am starting to get more flexible.

A bad tenant can cause you $100,000+ of damage and no amount of security deposit can save you from that.