The candid advice about balancing quality, building the right team, and adapting to challenges really hit home.

There are excellent deals available this time of year, but the inflated prices of small multifamily properties can make finding a good deal challenging.

I was in the same boat when I moved from Portland OR to Columbus OH and started with a house hack so I understand the challenges of getting started with a new market.

Challenges?

Challenges?

With those numbers the refi is going to be good on the side of having some equity, the challenge like I mentioned is the Apprasier coming in and giving a number that may not support getting all your money out.

I challenge you to find anything that overrides the protections on unpermitted units conveyed by these state regulations.  

Due to current market conditions and unforeseen financial challenges, we have decided to temporarily suspend distribution payments.

Our current economic conditions are challenging for cash flow in most markets, but I wouldn't let that stop me from diving in. 

Additionally, considering the time value of money is crucial, as deferred gains and tax efficiencies may improve long-term returns despite upfront losses being largely on paper.