@Nat Rojas pretty decent project timeline.Every owner wants their PMC to turn a property around faster, so they get a new tenant ASAP.The challenge is reality.We've do our best to do pre-MoveOut Evaluations, so we know what needs to be done. 

You need to make sure you understand multi-family properties and how they differ from single-family, so that you can evaluate a potential investment.

A couple other points to mention would be that someone could purchase up to 5 investment properties with this loan structure if they qualify, and that this is only available for SFR, not MF properties.It might help if I shared exactly how I personally used this portfolio loan to advance my investment goals.This is one of many unique lending options available today that is good for investors to evaluate if it fits their goals.So here is what I did:After running the numbers of putting 25% down on one investment property, I chose to purchase 5 similar properties with the same 25% down.

You need to provide a lot more information to evaluate this deal.

Evaluate risk and minimize as best as possible..you can loose a lot more with the wrong tenant. 

The accounting aspect is a an additional thought I hadn't heard before.I know some people have used this strategy in an attempt to avoid triggering a re-evaluation of property taxes.  

You must evaluate the borrower to determine the likelihood that the loan will be repaid.  

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

Please share any great data sources you have found or tips on evaluating areas.My 1-year goal is to purchase 3 multi-family properties, with 8 to 40 units, at least $5000/month of initial cash flow, and some opportunities to improve operations and increase cash flow.I am hoping to forge alliances with like-minded investors to fund Win-Win deals.I am so excited that I have officially started my RE Investing journey!

Has anyone used awning.com to estimate income on short term rentals to analyze a deal?  Wanting to know if its closely reliable to use it to avoid being overly optimistic on a property.  Thank you!