Mike - I'm new to real estate investing.

These scenarios often can be a real nightmare.

Quote from @Quinzel Waiters: Hello all I'm new to the Real estate space but I'm working on getting my first off market dealCurrently I'm looking at a heavily distressed property that's priced too high.

I'm in Orlando and active in residential real estate as a Realtor® and also serve on the board of CFRI, the local chapter of the National REIA.

I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

I get these data through a partner that's a real estate agent so I know what you're talking about.

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.

You would be better off putting money into a fund that performs at 6% to 8% somewhere with appreciation. 

Ideally, meeting with clients at least once to twice a year if their situation warrants it, especially if they have real estate professional or STR loophole. 

Why have you decided on multifamily versus other real estate strategies?