I'm brand new to this sort of stuff myself and I'm very interested in small multifamily properties.

We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.

If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.

Call the lender to confirm the details of the preapproval If your property is in good condition then steps 3 and 4 might be slight overkill but it will help weeding out bad buyersHope this helps and let me know if I can help more!

I bought my first property a few years ago, but life (and COVID) put my real estate plans on hold.

Found a property which is Sheriff sale, really promising.

You could arrange to have your cleaners accept the deliveries at the property or hire a local handyman to do same and even assemble furniture.

These are the ones where you just enter some information about the property into a website and it gives you a report. 

@Eric Smith, It really doesn't matter who you are selling your property to - unrelated or related party. 

Some banks get nervous when they see “flips” or “properties” in the name.