Interesting in apartment buildings/multi-family units

[Derek Lamonde]

Hi,

I own a couple of single units and we were looking to add to that this year, but I'm exploring the idea of multi-family units. I'd like to identify strategies to seek out locations that are in financial distress, foreclosure, short-sale, etc. My longer-term plan is to add buildings to my portfolio potentially beyond NJ. For now my research tells me NJ is one of the best areas for FCs and since I'm local that works for me. We've done quite well in our single unit purchases, but I'm aware of my lack of experience in whole buildings. I'd like to connect with folks that have been down this path to pro-actively identify pitfalls, opportunities, etc. I am not interested in any solicitations for seminars, books, etc. 

Thanks,

Derek