Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

Learn how to manage it well.

@Cheree PhillipsI'd like to learn more about your experience.

You simply can't be cash-poor today or you're toast.I suppose "Only when the tide goes out do you learn who has been swimming naked.” - Warren Buffett

I’ve also learned the hard way that good communication with your team and third parties is just as important as organization.

It only took me once to learn not to pre-approve a booking.  

You can learn a lot about areas and rent rates without asking a PM so explore that first

@Nathan NoorlunRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If there's anyone else from my neck of the woods, I'm wide open to learning how to navigate this niche.

It is regulated and you need to learn the law before accepting any funds from another entity (person) in a syndication.