This deal was referred to me by a good friend, which means having a great network of like minded people is extremely important.

Does it generate good returns?

@Jefferson Black- thanks for the update...good luck 

Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.

I've only invested in STRs and was looking to get into small multi-family but haven't seen anything that made sense in any of the markets I invest in so was curious where people were seeing good opportunities.  

Hello Sheree, A good place to learn about wholesaling will be going to the local REIA.

He's in Austin so a little ways away from you, but he probably has a good referral for a builder in Dallas who could take on a multi-family build.

They are very expensive typists who will fill out forms for you and give you access to MLS.A bad broker will cost you 5-10% of price, a good broker will make a property cashflow. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

You've gotten some good advice above but $100 even seems cheap after looking through these photos.