Executive SummaryThe multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months.

The well-executed renovations and strategic project management helped position the property for a quick sale at a substantial markup, demonstrating the power of teamwork and a solid investment plan.

., corporate housing, traveling nurses) do achieve the 2-2.5x multiple.

However, precise execution according to IRS rules and clear documentation in the divorce decree are crucial to ensure it qualifies for tax-free treatment.

let me add, and execution. 

@Brian Garlington, I actually do travel to Columbus myself a few times a year at least.

He's gone above and beyond to meet with me despite him always traveling and has provided me with endless resources like contract templates, guides, calculators and a whole library of books.

What if they say ok i will take the $$$ to move out and they donot move out after you pay them .Cash for keys is a good strategy if executed correctly.Only hand over the $$$ after they moved out and they hand over you the keys and you have rekeyed your ppty.Just something to think about

Markets that are close to travel to are good places to start.

I suspect you will need to raise a little over $2M from investors to properly execute this deal.As a side note, 12 months is never going to be realistic on a full turnaround.