@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.

My experience was excellent both projects were completed successfully, on time, and delivered solid returns.

- Troy 2 years ago I had successfully completed half a dozen email campaigns to commercial mortgage brokers.  

So, good for you on that, I think that's the best path to success in a field that is generally frowned upon.

I have had some very successful rentals that I bought in the financial crisis, and they were NOT kicking off 40% annualized returns.  

Rarely are non oral appeals successful. 

Occupied Foreclosure Strategy: Some investors in NYC find success with a “cash for keys” approach.

But it’s unclear if this applies to HomeStyle loans specifically, given the initial renovation appraisal already accounted for these improvements.I want to know if anyone here has been successful in getting PMI removed under similar circumstances or has any insights into the specifics of Fannie Mae’s policies for HomeStyle Renovation loans.

Quote from @Errol Sadler: Hi BP community,I’ve successfully added a second story to a home in Atlanta and am now exploring whether this is feasible in Fort Lauderdale, FL.

For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.