If you want a small-multi look for a larger house with a guest house (or ADU has they call them in California) and then try to rent it to an extended family. warmest, Susan 

If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!

Having said that, BPCON probably will be a much larger event than Clever Summit.

Some people are trying to save $10k on the project but it cost them 2 or 3 months and they have a lot of time on task, and a lot of personal overseeing. 

And, speculation in the Cincinnati market is not a great idea since we have not YET experienced any serious rollback of prices and the market is becoming saturated with apartment newly available.I think you have to get into the larger properties (16+) to find the B class properties with positive cash flow and those are typically hidden by pocket listings.

You can do this all at once if your state has a low cap (rent for our units has a late fee applied on the second) or if you're allowed a larger late fee you can apply it in stages 1/3 on the second, 1/3 on the 7th 1/3 on the 11th. 

Lower interest rates would certainly make projects more attractive.It'll be interesting to see how lenders balance the need for risk mitigation with the opportunity to capture a larger market share by offering competitive rates

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Hey @Austin Berlick from Austin hahaRenting by the room is definitely more task heavy than other forms of renting.

Its nice to want to go after larger multifamily properties but if you have no experience with them, you are not gonna get the money unless you have a friend or family member or a very large downpayment.