My question about the 10K club is why do we need 40+ ways to find deals when he states that his system does it for us?

First time buyer looking to purchase a multi-family as an investment property. 

My partner and I are in our 40's looking to acquire multi-family properties out of state for cashflow.   

There is usually not much that compares with what we offer, so we only compete apples to oranges, so incentives are not a good tool for us.The types of tenants we want (multi year) also respond better to an adjustment in rent than an incentive.

If I need to sell, a SFH is a lot easier to sell than a multi-family boat anchor if you’re in a bind.

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

If you’re not able to, then it may be better to sell the condo, take the profit (if you have some equity in the condo) and put it into a multi-unit to househack again.

Hey Jason,I'm a real estate broker specializing in multi family property and also an investor. 

With your maintenance and construction background, you'll definitely have a leg up in creating value, whether you go with a smaller home or a multi-unit property.If you're exploring seller financing and deal structuring, connecting with experienced investors here in Chicago will be a game changer.

Here is a recommendation I have for you as you begin to figure out what area you want to invest in.This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code & discusses crime rate, schoolsUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck and let me know if I can help answer any questions!