I could be wrong, but I think I can use the equity I've built up with this house to cover the 20% for the conventional mortgage and avoid PMI.

How is the taxes in Romeoville  I see a lot of companies getting built does this affect the taxes or help the rent increase in a way 

The property is a city row house, built in 1870, that was renovated around 2007. 

Built my team a couple of years ago.

The Milo’s tea plant was recently built there, there is a Macy’s distribution center right across from Milos, and a lot of other new construction in and around Owasso.

The house is 1100 square feet as it stands but the attic is large enough to be converted to living space which would add 200 square feet to “living space” it also a business zoned lot and also has a small building near the road that was built in the 50s and was used as an accountants office.

(Also from personal experience, they necessarily don't want you always on top of them for smaller projects.)For larger projects (rehabs, guts etc) - again ONCE TRUST IS BUILT - I still pop in occassionaly, unannounced, but a few times a week so they know that I am tracking progress ;-)

Any ideas on areas where you can buy 4plexs or duplexes built post 1960 for under 300k each, I know the midwest 8), a lot of multifamily properties are old though, any areas with newer multifamily that you recommend. 

It is always fun to hear how others have built there portfolios using different strategies. 

On deals where I purchased from the MLS, I either bought after another buyer did not perform and got a better price or I tore the house down and built a new larger one in a high end area where the cost at purchase was basically my land cost plus cost to demo and where I could build for under $200 pSF and resale for over $750pSF.