The consequences of this neglect are stark and now coming to light: numerous properties have suffered from financial mismanagement, overlooked issues highlighted in due diligence files are impacting returns, and ballooning accounts receivable balances present an increasingly alarming forecast.

Howwever I noticed that low spot behind the home is wet and mushy. 

. ;-)True story, I was dealing with Quality Loan Service as Trustee and negotiated a postponement and they wanted hard copy paperwork, wet ink, delivered to them. 

with an 1880s wood building (age of many 2 flat buildings) it’s not if you have rotted wood but where. for me it was a constant battle caulking/replacing windows spraying insulation to keep cold air out and conducting yearly termite inspections. you might still have some of these issues with brick buildings but you have more time (fix it this year as a opposed to right now) @Mark Ainley curious if you have any other anecdotal reasons why brick is better than wood- i know i’ve heard this come up on the podcast numerous times

Hi Dylan,I see you're considering the possibility of collaboration with another investor to get your feet wet instead of jumping in the deep end on your first deal.

My honest opinion - I would start out by getting your feet wet with just one property once you've figured out what path you want to take; nothing beats a single family residence in my eyes.

We give people a taste of information to wet people's appetites, but we don't give away everything for free.

Take that window out and put in a smaller window that is higher that does not get wet once or twice per day.

Throughout this journey I hope to meet a mentor(s) who can help me with my vision to own numerous multifamily rentals to create cash flow, financial freedom, and creating a legacy for my family.

Of all the numerous reservations I have every year there, only two or three are through Airbnb.