Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

I’ve got a question that’s been on my mind recently.

Keep in mind TExas allows deficiency judgements so thats a risk and why you never want to sell sub to in Texas especially

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in. 

Looking forward to meeting like minded Real Estate Investors

Who did you end up using for your project, if you don’t mind me asking?

Keep in mind though those types of project are not 90 day flips in a 500 to 600k market. 

@Chris Kelly It is very hard to evict someone for a lease violation and never mind something that is legal to do in the first place.

This provides extra peace of mind in case your upleg does not work out or the seller or lender will not deal.4) Truly retire for real estate ownership.

other than the constant warnings and warning posts I dont think you can expect BP to be the gate keeper for Guru class's  keep in mind some folks do succeed and the cost of a guru package to them was one of the best things they ever did.