Ok @Jesse Valdez, you have set yourself up for some real problems.

Sure, I wo't have the same financing options, but I might be able to work with hard lenders, or perhaps eventually set up a LLC and maybe that will open up some other financing avenues. 

This would include making the listings, setting pricing, finding tenants, managing maintenance requests, and offering deal analysis to investors.

As a wholesaler, having the first look at a property is a cool perk of the skill set. checking to see if the numbers work comes first, but secondly if not first part A, how will the property be managedAnyone investing in multifamily out of state, what’s the difference between the different amount of units?

-Not setting aside reserves or underestimating long-term capital expenditure needs.It doesn’t mean cash flow doesn’t exist—it means they’ve learned hard lessons about the realities of real estate ownership.Final Thoughts If you're starting out, focus on building a strategy that fits your financial goals and risk tolerance.

The key takeaway was timing...selling each property in a way that allowed him to hit the 45-day identification period without rushing into a subpar deal.In your case, with SFHs in Jacksonville and Ocala plus that duplex in Port Charlotte, I’d look at where each market stands right now and figure out if there’s a single buyer who’ll pay close to fair value for the whole set or if you might do better by splitting them up.

Sounds like you set yourselves up for success, and it’s paying off!

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Double check any cap ex you might have coming in the next year or more there so you can plan to set that aside (boilers, roofs, etc).

And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.