Hey @Otis Clayton,Partnering can be a fantastic way to scale, but setting clear expectations upfront is key.

It sounds like you’re setting up for a solid multifam portfolio—between you and your dad, the combined entitlements give you a lot of flexibility.

If you are set on your strategy of just adding 3 more rentals then you should probably leverage your network of lenders and discuss best options with them to free up some cash for more investments.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

It also sets their expectation so they can anticipate the change in their budget. 4.

Here are some practical tips and insights based on my experience managing a real estate fund and working in this field.First, setting realistic expectations.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

@HaiderFord is also talking about the impact on Memphis.Here is an article Ford put out 12/24https://fordauthority.com/2024/12/ford-blueoval-city-set-to-...

Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.