I have the knowledge and skills for contractor work as I have been doing handyman work for the past 10 years, as well as learning the roofing trade with a professional company.

MF properties are viewed as businesses, thus often priced as a multiple of annual income potential (like any other business, whether you're selling a donut shop or a tech company).

Do you hire a title company for all the properties you're interested in before the auction?

My question is when applying for the lease, most properties in my market are run by a management company.

I have spent the last few years working in the Pre-Fab ADU space and now working with a company called Live Near Friends and help people buy real estate with the purpose of living closer to the people they care about. 

Well, once the title company/closing attorney puts together the final numbers for closing, they are being told that anything older than 7 years is forgiven.

But even then, seller financing is rarely substantially better than another investment they could make (including trust deed lending, which will often be at a higher rate than seller financing)In my experience, the owners who find owner financing advantageous are at the ends of their careers and are not interested in looking for another investment (other than the usual retirement funding sorts.)

If it is a class C office building with 10% occupancy that is very different than a Class A MF which is still very different than a debt fund with zero leverage.As mentioned risk and return go together  - greater risk should have greater upside

.* The fines are up to $1,000 a day for non-compliance and proof of compliance will need to be submitted and reviewed by the DOH and a certificate will be issued to the title company. * We may see mass evacuations of buildings because this ordinance is too difficult to deal with and it does not apply to vacant properties.* No buyer is going to spend thousands of dollars in due diligence on a deal that might not move forward

Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!