@Kris L. 

While it takes some power away from the aldermen they'll  still have enough to get done what they want. 

If your confident you’ll always have properties available to pay off the LOC with, it can be a powerful tool that can allow you to expand rapidly, just stay cognizant of your leverage.

Answer these questions first.Here're a few articles to help you with the direction.https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passivhttps://www.biggerpockets.com/member-blogs/10850/77215-the-power-of-passive-real-estate-investing2) Once you have the answer to #1 above, then look into various options: SFH, MFH (commercial vs residential), offices, storage, and etc... look at many assets and see which one based on your research resonates with you the most and makes sense.

This income represents roughly 230,000 of purchasing power. 

@Kris L.

You should look at the wording of the trust and how or if the beneficiaries can change or have power of direction over the trustee.

I was so frustrated yesterday when I was told the property was ready for an open house but then I discovered the property had no "power". 

I never would have been able to come up with the down payment for the 5 unit without the refi of the SFR, so it is a very powerful strategy.

Ape Power!