Now you may need to start more modestly and strategically 1031 exchange your way there, but that is a much more desirable end game IMO ... only thing better would be 40 free and clear units in Scottsdale, but if you start with reasonably leveraged units, you will end up with free and clear units in 30 years if that is your desired end game.

Additionally, they are readily available to offer advice and to make strategic changes that will benefit the project.Make your project as painless as possibleAnother benefit to hiring a general contractor is the fact that you can relax.

RBC - and perhaps briefly TD - are/were the only two of the Big 5 who were underwriting 5 & 6 unit properties as residential as opposed to commercial.Additionally, RBC will lend to the point where you have five mortgages (including your personal residence), so use them early in your property acquisition plan and strategically if you find a 5 or 6 unit worth acquiring.

However I think you have a great opportunity for planning. 6 months will allow you to be much more strategic, and prepared once you do buy. 

Formulate an investment strategy is be very disciplined about applying it.  

Do not think that if banks strategically mitigate occasional unpreventable losses, they would willingly enter into a deal to lose.

Don't take ownership of their financial lives 3. have not developed a strategic plan to implement a strategy to be comfortable in retirement regardless of income during their working years.

Fort Wayne investors, I am looking for a CPA and/or Financial Planner in our area who understands real estate investors and can help me strategize my taxes and plan for early retirement.  

The local credit union I'm working with to finance the deal has performed a $450 "real estate evaluation" (i.e. off-site, desk appraisal) on the property and arrived at a value of $110k.I questioned my LO about the appraised value and they admitted the scope of the appraisal was to formulate a "liquidation value," not a FMV.

I already have an idea of several ways I want to approach this deal but I would like to hear some of the seasoned investors ideas so I can better formulate my plan to acquire and hold.