This is where I would start if I were you—perhaps leveraging one of your existing properties.As a last resort, you could look for a partner willing to fund the project in exchange for a share of the equity.

Congratulations on your impressive success since 2021—that's quite an achievement to have closed over 100 transactions in such a short time.

@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.

I would definitely start off renting most units as LTR and slowly renovate and furnish units to do MTR, having a mix of both. 

That is awesome, congrats on getting started!

I recently locked down my first property as I start on my real estate adventure. 

Also started posting in some facebook groups and making some traction.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

I'm starting to see more private note holders reach out to get a loan against the performing note they hold.