So I basically got these 14 properties for free with zero out of pocket money to buy them.

You basically kept your checkbook on a computer and then used classes to track income and expenses by property which is what you need for your Schedule E.4.

Basically- As investors, we're hosed.

(starting from 2-5 units and going up slowly)What are the most important concepts and terms to understand when getting started with multi-family property investments?

It's nothing fancy just calculated all the basic categories.

TLDR - The regulatory entity for Florida is basically holding back a report that showed insurance carriers inflated costs and transferred money out of state to artificially inflate costs and the state is doing nothing about it.https://www.newsweek.com/florida-insurance-scandal-huge-impa...

PS I did well over 150 foreclosure lease back give owner right to buy it back exactly 2 did that in the 12 years I was active doing these before they basically became illegal on the West coast

I am meeting with a possible mentor this coming Monday and I need some advice.I got my name out there to basically everyone I know and I was lucky enough to get referred to a highly experienced local real estate professional.He does it all from Wholesaling, to Renting, to Flipping, etc.

At your stage, the best moves are learning the basics, analyzing practice deals every day, and surrounding yourself with investors so you build confidence and direction.

For those of us running multiple LLCs and scaling portfolios, an interest-only revolving line that’s based on rents instead of income or DTI is basically a business line of credit secured by the asset.