I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example). 

its funny how this changes with time and the market on BP  if you asked this question 5 to 7 years ago you get drowned out with the cash flow is the ONLY thing and appreciation is for gamblers my self I have always been about making appreciation games in RE.. by either value add building a new product or buying foreclosure and flipping or lending money and getting instant 12% plus returns . 

You’re already ahead of the game—stick with Central Florida, and you’ll crush it!

That’s a game-changer when it comes to flipping profits.Your scenario reminds me of a client I worked with in San Diego who flipped a condo after living there for a couple of years.

But if your a W 2 and real estate is how you are planning on retiring by investing that is a completely different lifestyle and motivation and game plan. 

**eForms**: This site provides free residential subcontractor agreement templates in PDF and Word formats.

I seem to remember that I didn't even have a business card until then either.You are VERY late to the game to be making these decisions. 

What is your end-game reason - it can't be just about the $$.You're in the perfect place here on this forum.....ask questions, lots of them...

Nobody will come to your aid, and it truly isnt even worth complaining because honestly this is a game where all that counts is the money.

If you told him you have been playing pickup games for the past year and need help improving your jump shot, now he has evidence you're motivated and a specific goal he can quickly help you work towards.