In addition to what's been said above, I always suggest working with an insurance broker.Ask about their renewal process and what discounts may be available that not everyone takes advantage of.Discuss what their typical client looks like and review whether you would be a good fit with them or not.  

@Ayana Rose this was a smart move as you probably would've been scammed or highly taken advantage of during the transaction.My lenders are comfortable at 75% LTV and I have a small hand that will go to 80% LTV in LARGE markets.

The advantage is the more you acquire the quicker you can generate funds (cash flow) for the next project.

We do plan to live in the rental for at least 2yrs to take advantage of “no-capital gains” on the sale. 

Rates are down, conforming loan limits are up, unemployment is at an all time low, building permits are up, big tech is moving here, tax advantages and still affordable at a SFH Resale median price of 320K.On December 30, 2019 the U.S.

Agents, syndicatiors, turnkey folks...With all of that out of the way, I'd forget about how much money I had and learn as much as I could about different Re niches in order to see where I had a competitive advantage over others.

A fourplex seems to have obvious advantages but of course the cost to purchase will be much higher. 

I don't see any advantage to concealing or revealing this fact to them.

You have an advantage in that you have completed your first deal, congratulations, and you make amazing income I would buy 2-3 more before coming if the road, use some of the equity to buy a duplex and house hack

And with these rates NOW is the time to buy and take advantage of these rates!