You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I'm a licensed attorney that does real estate investing/management on the side.

That is a choice you'll have to make based on risk and your wealth building portfolio.

Do you plan on self-managing (you should)?

We obtained personal guarantee of Pastor for this location as well as manager of LLC who is Secretary of parent organization3.

@Borys Pawlowski office in Roselle and live in St Charles but we also manage many properties in and around Algonquin.  

Like you, I want to grow my portfolio with larger properties.

Lessons Learned:Effective Marketing: Strategic marketing quickly attracted buyers.Local Expertise: Partnering with Archie Ragland, who had local market knowledge, was crucial.Whole-tailing Efficiency: This strategy proved effective for quick, profitable transactions.Challenges:Market Timing: Pricing and marketing the property correctly to ensure a quick sale.Coordination: Seamlessly managing the process from securing to selling the property.

All that to say, I completely agree, and it was good to get this reminder for when I am looking at more properties to add to my portfolio! 

If you use a Portfolio loan program you only need to put 15% down even up to 4 unit multifamily.