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.

I always say an investor has to basically become a paralegal to understand just one state's statutes.Abdul - I have a day job working with ultra high net-worth families (working with their family office employees is more accurate) and my firm offered a tax lien private equity fund about 5 years ago.

Nice light grey color, with clean white trim and crisp ceiling.Berh - Bay BreezeBerh- Ultra pure white high gloss for all trimBerh- Ceiling paint for all ceilings.Nice grey color to the green, with crisp clean ceilings and trimBenjiman moore -MoonshineBerh- ceiling paintBerh-Ultra pure white high gloss on trimWe use Moonshine for almost every room of the house.

The only way I would use bank lines to fund loans is if they were on an ultra-short term and they were strong deals.