Start by joining local real estate groups, narrowing your approach to strategies like house hacking or multi-family investing, and building a team of professionals like agents and lenders.

You can also find commercial brokers that are in that space and build the relationship.

Insights on cap rates for apartment building in 44313? 

Great community to bounce ideas off of as I build my knowledge base.  

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.

We manage 275 residential properties with the majority of those in Sherman/Denison so I feel uniquely qualified to chime in.Generally speaking, 3 to 4 bedrooms are the most popular and for a new build, they will lease anwhere between $1600 - $2200 depending on the area, size and amenities.

Seems like it'd be lower maintenance since it's a new build and in a nice area.

Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.

So in the FWIW file what I see all the time is those trying to start out and getting the same returns as those with a lot of experience. you need to build your experience bucket and as you make your partners money U can adjust profit splits.. other wise I suspect nothing will happen unless of course you can tap your warm market that will do this because they like you.

Someone in the build chain knows the guy who writes the checks.