Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.

The mortgage will also stay on the seller's credit which might create an issue when/if they try to purchase another property.

Timber companies and the feds swap these lands all the time in an effort to create large blocks of either gov land or private timber lands.

NYC apartments will have a different car requirement from Orlando, but he used that methodology in this specific small city and was an investor from the 1980s-2000s, so a lot has changed, but I believe there is still some truth to it.

any advice on paying mortgage off or faster With a standard mortgage, your monthly payment will remain the same for the life of the loan.

., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

But also be aware it appears their platform has changed in recent years.

If you are talking 100+ unit apartment complexes, then I would change my tune a bit.What is more important than the actual market, is the dynamics within that market?  

@Zach Howard there is no agreed upon Classification in the 1-4 unit market.We've done our best to logically create a system for our market, mostly based upon relative sale prices, but also using crime rates, rents, occupant income and a few other variables. 

Your PSF will be much lower than it would be adding one small unit per lot.One thing to note is more than 4 units or more than one ADU changes the financing that is available.