At this point I would like to start putting my profits into rentals, single and multi-family homes, and possibly apartment buildings down the road when finances allow. 

We are considering dividing up our land (1-2 acres with the house and 3-4 acres separately) to build an RV park or tiny home community.

We'll be paying for the first half of the build via a HELOC on our primary residence.

So looks like about 17,000,000 in sales volume so far this year.. now to be fair and balance this is in our new build community. this is in a little Berg called Canby Oregon  the project is www.ivyridgeestatescanby.com  The market is anything but dead or bad..

Hi Michael,It is great that you are doing this together, I read some great tips on here, something I wanted to add:I have been checking a lot of 2-4 units, in the past it was not easy to find them in good areas.During COVID, a lot of investors decided to build these types of units which is great, but not all builders are great, I had a client, he purchased 2 duplexes in the same area, we had some pricy maintenance issues, one was with the plumbing.

I was looking at the Davenport and Kissimmee areas where you can still buy a brand new house in the low $300k’s.

The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Back in 2020, BiggerPockets also did an analysis with similar results.

Looking forward to networking, exchanging connections, building a team, etc.

Good news is you have a previous owners track record to give you a little foreshadowing into what worked for them and how to build from their wins and fails.

The property is a 6-unit building in Los Angeles.Given the significant difference in current rents vs. market rates, I'm looking for advice on how to legally and ethically approach raising the rents to reflect market value, should I decide to move forward with the purchase.Some additional context: even if I were to negotiate a better (reasonable) price and were to successfully evict a tenant who is 5 months behind on their rent and charge the market rent for that unit I'd still be -$600/month.