Starting with a small multi-family house hack is a smart move, offering the benefits of living rent-free and equity building.

Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

Some banks even offer features that allow account holders to manage individual tenant information within one account, making the process more convenient.

This market now offers not only excellent cash flow but also strong appreciation, creating well-rounded investment opportunities.The 60 strongest housing markets heading into 2025 - Fast Company

@Luke Tetreault I am new myself and working currently to get to that point, but what I intend to do at your point is to JV on deals or offer PML for high turnover deals (EMD/ Double close).

The offer seems great numbers wise, possibly even without the 3rd unit.

If they appeal offer some cash for keys.

I've seen some people post on here about offering modern/classic game consoles. 

It Could help your offer though if the seller thinks he might have difficulty in identifying his replacement property within 45 days (he has 180 days to actually close on it) And it’s okay with you....you could offer to delay your closing for up to 30 days or so, to help him have more time in identifying his replacement property.  

What loan terms are currently being offered for these type of rentals?