Can anyone direct me to a credible site for pre-licensing in real estate sales in NYS.Thanks,Irv

Of course, there are great resources here on BP.  

Essentially your cost of money for the down payment is the after tax cost of debt...your home equity line interest rate after taxes versus the interest you are earning on your savings...I am guessing the cost of the equity line interest is more than what you are earning in the savings account...either way, I also suggest hiring a professional property manager to start with.  

(of course, it can also be invested in mutual funds and other liquid securities).When moving funds from your prior employer 401k, ensure that it is does as direct rollover "trustee-to-trustee," to avoid any tax issues.Once it's in your Solo 401k Plan, you'll be able to pursue most investments with all the tax advantages that you expect from a 401k plan.Some investments that are available in Self-Directed Solo 401k may result in taxable income to the 401k, not to you personally.

Check compsOf course adding back the management fee gives you a 6.94 cap.

After taking some time to find my values, I got back on my horse and set a course for honesty, integrity, and relationship.

Did my research, found a few sources and built up a portfolio of publicly traded REIT's with a small modest size of around $20K (and growing of course) producing div's. 

Milwaukee REIA and of course Brew City REI (disclosure that our company is an administrator of this group) are very active groups. 

Keep in mind that some, such as Internal Rate of Return (IRR), require advanced computer calculation.https://www.biggerpockets.com/blogs/8814/73755-18-essential-metrics-to-a-complete-real-estate-investment-analysisAs far as finding multifamily properties, you'd find them the same way you find a SFR, and there are many, many ways to source them:By building relationships and letting everyone know you're looking for houses and apartments:https://www.biggerpockets.com/blogs/8814/72664-35-relationships-to-help-you-find-more-houses-to-flip-or-wholesaleLooking for them on the internet:https://www.biggerpockets.com/blogs/8814/72016-55-resources-to-find-real-estate-deals-onlineand, of course, locating them offline:https://www.biggerpockets.com/blogs/8814/71506-27-ways-to-find-off-market-and-wholesale-real-estate-deals-offlineBest of luck!

This, of course, generates a tax bill.If you are self-employed with no employees then you can set up a self-directed solo-401k with checkbook control.