For those of you who currently own/ invest in Multifamily (50 units above)- what is your criteria in taking into consideration the Age of the property?

We use http://leadpropeller.com for our website and leads intake.

I purchase this building off the MLS with the Berdan Real Estate Team (http://berdanrealestate.com/)- can't say enough good things about those guys, honest and have a great understanding of multi family:Why did I chose this place:https://www.redfin.com/IL/Chicago/2441-N-Avers-Ave...1) Solid Brick Building, good level floors, dry basement with no evidence of water problem (until I had my pipe problem above, but kind of my fault), previous owner was there for 26 years and was diligent in taking care of things like the roof and tuck pointing.2) Location: nice B- class area that has good middle of the road renting options.

I'd be interested for hearing from vendors that cruise these forums, as well as other investors.Two things I'm looking for:Manage Lead In-Take & Follow-Up Calls For Unmotivated Leads: Between online/direct-mail marketing, I open somewhere in the ranges of 100 to 200 leads per month into the CRM.

I believe in taking care of your tenants.

But the Podio workspace I have let's me manage everything from Lead in-take through closing all right from my phone. 

You may have enough to get beyond that gate and get people interested in taking your money for a substantial return.3.

Our sole purpose in taking equity out is to invest in a second property (brrrr method) so if we aren’t able to get a good appraisal and enough equity to cash out, would it be better to just do a refinance and take whatever equity we can get to put toward another property or do a refi then take out a HELOC at a possible 80% ltv?

Is there any websites or forums or books....anything that has information on how to find the best places to invest in? Take

I purchase with my name; do 70(investor) + 30(mine) expenses and 60/40 split (I take the lower ones) + I list the home Any intakes from experienced investor outthere?