Concessions could be utilized in a greater percentage of transactions as buyers look to reduce out of pocket expenses or offset costs to their representatives in instances where seller paid buyer commissions are not an option.High level, in the immediate future I don't think too much changes (beyond mechanics) for spring transactions.

For instance, I think partnering up would be a good option, however, it is unlikely that you will find a capital partner at this point because you are brand new and you don't know what to do when things doing go according to the plan.  

I'm just starting my real estate journey myself here in the Upstate and am learning that local connections, regardless of how knowledgeable the online ones are, still seem to work best for me.For instance, out of state accountants may excel at income tax matters, but then you may miss those nuances of how property taxes hit investors harder than homeowners in S.

I beleive there's plenty of opportunties on the MLS, but they are usually categorized incorrectly i.e. a property possessing favorable zoning listed under the single family category, public records incorrectly listed the square footage, or instances where  BRIGHT MLS doesn't track zoning changes real time with recently introduced zoning bills.

Holding in a LLC in some instances is a good idea.

House-hacking here in Denver and Colorado Springs, for instance, you can rent a room for $800-$1000 long-term.

(Note there are instances where the above generalization doesn’t hold and an attorney is best to explain this to you)There are costs to create each LLC (even if it’s a series) and you will need to prepare and file taxes for each LLC.

Hi Alex,Thanks for the mention.Unfortunately, investors sometimes expect providers to subsidize all loss of income incurred on a property which isn't feasible.We do our best to minimize costs and in many instances "eat a cost" that we shouldn't.Can't control "acts of God" or the weather/other people lolAs we all should know, there are ups and down's with real estate investing.Business is easy and people make it difficult as the saying goes.Our PM never just throws "a body" into a property just to call it "tenanted"Why?

For instance, with a property purchase price of $850,000, you'd want rents to be around $8,500 a month, and so on.

The designation of commercial multi family is a little bit broad however because for instance I’ve just started investing in commercial multi family and am purchasing 5-12 unit buildings.