So, you go over budget FAST.So, your Scope of Work (SOW) MUST be very specific as Mr Perez learned when contractor didn't put in new outlets.To "perfect" your SOW, suggest you walk the property with 3 contractors and ask them what needs to be done.

Most Brokers on this site work very specific markets.

Some were purchased specifically to be MTRs & others were conversions when it made sense.  

You find the numbers, and strategies that work in any specific market you choose, then wait until a property pops up that meats that criteria, and jump on it."

We don't specifically ask for them to "close" but we do ask for them to lock the door behind them. 

Instead:401(k) loans: They’re low-interest, and you’re paying yourself back.Roth rollovers If you can afford the taxes now, this gives future flexibility.Creative financing: I’ve seen clients leverage partnerships or seller financing to limit retirement fund withdrawals.One thing to consider: real estate markets today are vastly different from a decade ago.. so opportunities may require extra creativity.Have you looked into specific deals yet?

Are there areas of specific interest? 

Is it from experience of there are tools out there that show numbers on specific areas?

Let me know if you want to chat more about it or need specific model ideas!

Looking specifically for multifamily real estate investment opportunities.