Read books, listen to podcasts, and consult with experienced investors who can guide you through the process.Analyze the MarketLook for areas where multifamily properties are available at reasonable prices and where rental demand is high.

@Jake HughesMore experienced investors may have access to Private Money.

Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida... 

it's all difficult, i think =) good thread.Would you call it difficult, or easy, to go pick out a target area this weekend.

Turnkey is safer but will give less cashflow ..BRRS is riskier but done well will give great returns..maybe partner first time with an experienced realtor or investor.

If you're not experienced with rehab costs, then having a GC walk the property with you and providing quotes is a smart move. 

We have not experienced any rent decline and rents are continuing to increase.

You say you are new to flipping so maybe consider teaming up with someone more experienced for your first flip to increase your success rate?  

You might need to find a commercial lender since it's over four units which might have its own difficulties.

I’m motivated to bring the same dedication to real estate.I’d love to connect with others who started small and scaled their portfolios or anyone experienced in land flipping, wholesaling, or creative financing strategies.