With Debra's expertise and keen negotiation skills, we secured the home for $100,000, ensuring it was positioned for a profitable and quick resale.

It's worth taking the time to understand what you're doing so you can develop your own conviction and confidence.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

And about 90% of the people that I have coached have made several times the cost of the coaching program back in increased net worth by doing the coaching program.  

My dad used to manage other people's properties but eventually quit because the money wasn't worth it and he always ended up prioritizing their properties so as not to get any hassle from them.Another way to approach this might be to go all in on one project yourself and see how far that money gets you. 

What you didn't say: What is the property worth?

Finding the correct contact info is hard enough, but if your pitch is that they should sell cheap now, you're misreading the market.Multifamily properties are worth significantly less now than they were just a few years ago, and asking for a further discount due to property condition would probably result in a loss, maybe not even pay off the debt.

Ultimately it's up to you if it's worth the work.

Pricelabs costs but the ease with which all the comp sets are gathered and updates both calendars on Airbnb & VRBO make the subscription worth it to me.