So, with it being highly complex with a long game aspect, most collapse or quit.

The third-floor bonus room presents an excellent opportunity for a private office or playroom, adding versatility to this already remarkable home. - New roof- Gutter guards- New floors- New cabinets- Granite countertops- New stainless steel appliances- New tile in bathrooms- New light fixtures- New carpet in bedrooms- Fresh paint- Custom accent wall- Parking pad- New windows- New exterior paint- Updated light fixtures- Fans in the bedroom- First floor primary bedroom- First floor washer/dryer hook ups- Wrap around porch- Ample off street parking- Bonus room on 3rd floor What made you interested in investing in this type of deal?

But here's where it gets truly electrifying: our savvy client is seizing the reins on a remarkable 10-year tax abatement, already one year in, opening the door to a decade of substantial savings.

If I had one thing to go back and tell my younger self, it would be to stop and think about those aspects before I dove into trying one method or another.

I'm still have other firms I want to contact, but the all-in-house aspect of having advisors, tax teams and accounting teams all together is appealing.The person we spoke to also advised a C-Corp for the holding company, but I told her we were planning on staying very passive and had no interest in dealing with the overhead of running a C-Corp.

If you are lacking in any of these aspects it's very easy to bring on a partner because you are buying with an LLC in most cases. 

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

@J ScottI bought both your books two years ago and while the information in the books was not always applicable to my situation (I'm a DIY landlord, not a flipper), I'd like to take this opportunity to thank you for helping to teach me how to work through pricing and carrying out the project management aspects of larger residential renovations.

I think the more interesting aspect of this entire decision is with the Buyer's agents.