We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS  in the old days  the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed. 

Very simply, multifamily spreads out your risk if a tenant moves out generates more income with more units and disproportionate amount of increase in expenses as there are more tenants to deal with.

Blah blah blah.I love the Podcasts (I listen everyday sometimes multiple podcasts everyday and covered a bunch during a recent rehab) but there are a lot of those stories and I'm wondering if this opportunities are simply not in the cards for those of us building a portfolio today.

If I narrowly look at ROE, does that simply ignore the upfront cash investment and just focus on my efficiency of current equity position?

If there is a house with a detached ADU, if the main house was built prior to 1978, it is subject to rent control.A buyer can attempt the Ellis Act, which could take months (owner occupied loans generally require the borrower to move in within 60 days) and cost $20,000+.

This is why 90% of attempted fsbos don't sell and end up listing with an agent later on.

I'm simply stating what we have been told to put into these homes lately.

@Timothy Blackman With probate properties, heirs are typically looking to simply cash out, not carry any financing.

I simply wasn't as committed to making it work for me in the beginning as I should've been.

Concessions are also somewhat difficult to comprehend, since real estate can be a game of telephone, sometimes the transaction is just better off, without attempting to get four parties to understand the numbers.