Your not dabbling with "more risk" given your skills, experience and capital, what your playing with is something that the MAJORITY fail at attempting, the VAST majority, and your doing it in a setting that you can't afford what is the most likely outcome; complete financial devastation. 

- personally at SMARTLAND as experienced heavy lift multifamily operators - it is a complex process and requires a team, time and skill - Yes, you can lift a property and value moderlty quickly if you have the right tools and process in place, no doubt, but you have to also have the correct financing tools in place and appropriate cost-basis to withstand turbulence along the way - (no straight path) - the short term mezz loans into this constricted/constrained lending environment is tough, even more tough with raising cap rates, market repricing = requires more time to season and continue to hold, unfortunatley as we have discuss to the max on this forum time was not on this operators side with the short term adjustable mezz loan -**Pref Equity has entered many deals in the past 18 months advance of LP positions, also took a GP slice along the way  ---- 

This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit.

Unless there is so many nail holes that it effects the aesthetics of the wall, it is normal wear and tear. 

Buying properties directly takes both a lot of skill and a lot of work, at least if you're going to minimize risk and consistently earn strong returns.

How can anyone predict your organizational skills, discipline, persistence, etc.?

You could learn the necessary skills to furnish, market, & manage the other unit.

This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit.

Labor must also be what market value is for the skills and expertise needed for the work being done.

Be patient, buy right, and leverage your skills to maximize forced appreciation and profits.