@Jacob HripWhen paying with cash, you have fewer closing costs (no lender fees) and fewer holding costs (no interest payments).

I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!

The plan is to buy and hold. 

Do you want to buy and hold, fix and flip, BRRRR, wholesale...

Investment Info:Large multi-family (5+ units) buy & hold investment in West Allis.

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

While that may be good for the 10% pref investors, you may have been better off holding another year and getting another 7%.Related to this, I generally don't like preferred returns as a passive investor. 

In property management, you're responsible for overseeing properties that may either represent investment assets or hold significant emotional value to their owners, such as a childhood home.

How are you going to put money down to hold the deal?

Management would be self-managed, as in this example it would be a client's first rental buy and hold.