Investment Info:
Single-family residence buy & hold investment.

Purchase price: $140,000 in Nov. 2005

Sale price: $175,000 in July 2007
1872 square foot single family home with no garage. Nice f...

I’ve been exploring the idea of value-add multifamily projects, and SB 9 seems like a great way to maximize ROI while addressing the housing shortage. 

We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options 

Seller financing and “Subject To” are other financing options to explore. 

Currently I and my business partner own 2 town houses, one is a 4 bed 2 bath.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

@Adam RossRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Some folks want a seat at the table and real control, while others prefer to be passive.. letting the sponsor do the heavy lifting.From what I read in The Economist, some markets (like Phoenix) are experiencing fresh pockets of growth in multifamily, so it’s definitely worth exploring if you’re eyeing future expansion.

.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.