Well first off, congrats on the success you’ve had with your hospitality investments—an 11% cap rate on a boutique motel is no small feat!

A friend and I created one recently:https://drive.google.com/file/...It was meant to compare costs between different lenders, but you can use it to just see costs from one lender as well.

My name is Chelsea and I am new to investing as well!

This has been my strategy here in NOVA as well - though true multifamily housing stock is hard to come by as you are probably already aware.

Any areas in Sacramento that worked particularly well (or didn’t)?

You will probably want to pay attention to the income tax basis to any proposed transactions as well as be wary of any transfers that cause a property tax reassessment, depending on whether that amounts to a big increase in taxes or not.Feel free to reach out if you would like referrals in San Diego County in order to work remotely.

Quote from @Eric Huntermark: Additionally, as I'm thinking about conventional loan products as well.

American Banks (like BofA and Wells) actually did lend in CR pre-2008 but that possibility disappeared after the crash.

@Jaycee Greene I see, I would still love to stay connected as well given I plan on executing the BRRRR strategy on the MF units  I plan to acquire this year. 

To find good deals, consider networking with agents and local investors, as well as using MLS, off-market listings, and auctions.