One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

But success depends on choosing the right cities and building an experienced and reliable local team.

Joining investor meetups in your area can also help you build relationships with experienced investors who may offer mentorship or even potential partnerships.Finally, don’t underestimate the power of letting people know your plans.

I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and being a realtor.

Knowing your long-term plans can help you build a long-term financing strategy so that you are not just worried about purchase number 4, but also purchases 5 - 20+ (if you plan to continue to invest).I'm an investor and licensed mortgage broker.

It's a bit far from me though but definitely interested in small apartment buildings in the Cleveland area.

Anyone have any experience with placing a flat billboard on the side of a building in Philadelphia? 

I informed the seller that because of the overlay, the property may be 2 build eligible in-spite its small lot size.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?