I've always been ultra DIY and believe I have a good transition plan, but it would've been nice to be able to bounce ideas off of a trusted advisor.When we do all ourselves we are alone when we want to transition out or turn operations over to someone.Exit plans are rarely covered here on the forums.

I just account and interpret for different communication styles (aggressive, laid back, accusatory, ultra-affirmative, etc) and harvest the facts and ideas.

Hello all,Since the Houston market is ultra-competitive these days, I would like to look outside the city and Beaumont, TX came on my radar.

Like @Eric Dowling mentioned, there's  no need for ultra high-end appliances. 2.

However, these smaller multifamily properties are ultra competitive and are mostly cashflow neutral to negative between 150k-225k / door.Happy to help if I can - feel free to reach out!

Luckily REI allowed me retire early and to break free from it and erased the burdens of workplace politics in a big city.On the other hand, as my wife got older and had to deal with the students and staff at the college she works at, she has become ultra conservative.

@Greg ColeThird position at that equity level would probably require recourse loan and rates north of 20% if you were able to find someone - from a lenders perspective this is ultra high risk.

@Claude Goodman, while I don't have research to back this up directly, the ultra wealthy have always had an allocation of their portfolio in real estate, most commonly commercial real estate, and that includes multifamily.  

Here is a reference point; my business partner is a GC and builds high end to ultra high end homes in the greater LA area. $500 a sqft is his base cost to build on a normal flat lot.Have you considered a prefab or off-site build ADU?

Tax deeds and tax liens are ultra competitive and you are competing against hedge funds, institutional buyers and local investors.