You're doing it out of your area, and while you have a property manager, you don't have a rehab team in place to tackle this.If the above is true, then really, there's a very low probability that is could turn into a very good deal for you.

With this unit updated, I believe I may be able to increase rent about $100 from mid $1200 to mid $1300.This is a new part of the real estate investor typical day that I have not tackled yet.  

., syndication, development, you name it) @Jake Stenziano and @Gino Barbaro tackled their first property (25-unit) by themselves.

Fitzgerald is Okay, not the best of areas, still has a way to go with the Blight demolition as the City is tackling - Location 4 out 10  

Plenty of ways to tackle this.

It's difficult enough to get 2 heirs to agree to something, trying to get 8 people on board would be too much for me to tackle. 

I plan on getting pre-approved for a loan for a multifamily rental purchase. I also want to open a line of credit in case of an emergency (since I don't have a lot of capital yet.) I also would like to refinance my ho...

BEFORE you close.I would get the up front funds, down payment etc. and the experience component tackled before speaking to lenders.

@Ducarmel Francois JrI am excited at the prospect of partnering to tackle large deals... one day.

Any ideas on how to tackle this situation?