Readers should seek professional advice.

That's why it's good to see how others do it and see it even lines up with what you want to do, ethically and professionally.

Is this a diy-fix, professional fix, or a complete replacement? 

Readers should seek professional advice.

We've been happily shifting away from catering to traveling medical professionals in favor of larger groups of either families in a insurance relocation situation or a work crews coming through. 

Readers should seek professional advice.

If you want to be a professional in this business you need NARPM

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

Proper structuring with professional guidance is key to achieving both parties' goals.This post does not create a CPA-Client relationship.

Quote from @Elimar Rios Guzman: Hello BiggerPockets Community,My name is Elimar Guzman, and I'm excited to be a part of this thriving network of real estate enthusiasts and professionals!