Basically, once you nail your first deal and gain all that equity, it's a matter of pulling cash out to buy into another project.

. - you pretty much nailed it there.

@Troy Zsofka and @Jay Hinrichs hit the nail on the head.

@Jay Hinrichs whose words on these BP forums I have to say are worth more than gold, really nails it that TK generally works if you know the people who will be taking care of your property very intimately, as well as if you scale your TK properties (i.e. you own 20-100+ properties rather than just 1 or 2).  

Again, congratulations on nailing this one down.  

Then we had to tie the trusses, blocking, and walls together with 1/2" sheathing and a lot of ring shanked nails. 

Before you proceed, be sure you've nailed down your intent and can express that succinctly in writing - - that will go a long way to impress the powers that be that you know what to do and how to get it done.

I am very comfortable with RE being a significant portion of my assets if that supports the above goal.I think the above quote hits the nail on the head with where my thought process is.

@Christian SifuentesBrian pretty much nailed it.

I certainly like to try to approach a problem from a lot of different angles, and I think I have gotten this one pretty well nailed down.