I’m looking for some strategic advice but I don’t know anyone locally that thinks like the people on this board.I have four houses, three rentals plus primary. 3/2 1050sq’ owe $75k worth $240k rent is $1025 improved rent would be $1200 3/2.5 1090sq’ owe $80k worth $270k rent is $1025 improved rent would be $1450 3/2.5 2400sq’ owe $190k worth $455k rent is $1950 5/3 3500sq’ owe $160 worth $550k primaryI live in the west and values are sliding so numbers are guesses but I tend to be conservative.If I had to guess our 'real skin' in all this is probably about $25k.

Hello Bigger Pockets forum!

A first-time DUI does not present much danger to me, my property, or my other tenants whereas a drug dealer can be a danger to all three.

I bought my first investment with 5% down on an owner occupied three unit, that amount+ closing costs pinched me for a little while to save while still paying rent but it wasn't too bad. 

Hello BIgger Pockets landlords.

That will free up plenty of cash to qualify for another loan or three.

.$150,000 * 20% Down Payment = $30,000Make Ready Cost = $30,000Total Cash out of Pocket = $60,000If I had bought the Property at $200,000$200,000 *20% = $40,000Make Ready = $0Total Cash = $40,000 (Or $20,000 less)The other area that is subtle is time to Cash Flow as my Cheap Property approach meant I could lose up to 6 months+ of rent if I bought the cheap property for 150K that was tenant occupied and paying under market. 

Methods I have used include:- House hacking - I lived in one unit of a 4 plex I bought using an FHA mortgage and 3.5% down payment- BRRRR investing - I bought a house in rough shape, rehabbed it, did a cash out refinance, and rented it out, and repeated- I bought a single family home, lived in it for 2 years then turned it into a rental- I took three loans over the years from my 401K for the down payments on 3 of my houses- I bought a 4 plex non-owner occupied using a conventional mortgage with 25% down, but over the course of 5 years it doubled in appraised valueI have one property with a 15 year mortgage and I break even every month with rent.

Then I got on bigger pockets and learned about BRRRR and thought this could be a great opportunity to refinance to get to the next one.What say ye, experts of biggerpockets?

Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more clarity by reading a good BP post from accomplished investor).Example Scenario: I own two rentals in two different states (Rental A, 2-family and Rental B, 1-family) both as personal investment properties.