., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.

Its my understanding that the individuals are responsible for all the legalities, contracts ect to make it safe not to get ripped off. 

I like how even though you rent to the working class individual and they aren't $100K+ homes.  

I’m curious if the process in NYC is similarly structured, where it’s difficult but feasible to follow through, or if there are unique barriers that make it much harder or even impractical.If anyone has insights or could answer a few questions, I’d really appreciate it!

However, it’s important to understand the loan’s key requirements:Owner-Occupancy: The borrower must live in one of the units as their primary residence for at least 12 months.Single Borrower: FHA loans are issued to individuals, not partnerships or entities, which means the loan would need to be in your name alone.Given your scenario, only you can qualify for the 203(k) loan since your partner does not intend to occupy the property.2.

What is uniquely complicated about our real estate transactions to justify the higher commissions?

The individuals I've met along the way that are really good at real estate are analytical, level headed, and disciplined.

I think this will work because this 16 unit will function more like 40 units with 40 individual renters.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.

Is this because you had a PM with insurance for this kind of thing or was this a clause in your individual building insurance policy?