They've got an event coming up in Texas in April called the Deal Analysis Workshop where you can learn how to underwrite multifamily deals.

Check the Events link under the Network menu option in the top navigation bar and if you find that it is still occurring, add an event!

In my current analysis, I'm (trying to) take that into account during our "move out event", including converting to a conventional loan, renting out both units, etc.

Quote from @Steven Gesis:   Brian, I read an article in Bloomberg the whole premise of the business plan for a particular operator was a "double pop" and a short-term fix and flip strategy all focused on high velocity  multiple refinance events, floating adjsutable rate and the hope and faith of continued rent growth coupled with low interest rates in multifamily -   I wonder how this is working out for them now.

You might also be able to employ a short term rental strategy to increase cashflow-- sporting events, conferences, homecomings, graduation, etc. always attract people to the area.Ask around and try to find people who are investing in Amherst/Northampton and connect with agents in the area to see what's working.

A useful tip I’ve discovered in various cities is to use Redfin to identify the hottest markets in each state.

.#2 - Start going to events like those at Home Depot on Saturdays, where they show you how to tile, or other basic trade tasks. volunteer to help friends, volunteer for a Habitat For Humanity project.

But even if the numbers looked good going in and a black swan event happened, it would take a lot to lower the value of the house below your purchase price if you are doing value-add renovations.

https://www.meetup.com/dfwallthingsentrepreneurship/events/2...

I mention this for visibility into the amount borrowed vs the individual's personal assets.Current language in contract: The Guarantors, known as John Smith, of Street Address, Coral Springs, FL 33071 agree to be liable and pay the Borrowed Amount, including principal and interest, in the event of the Debtor’s default.