it is going to be extremely difficult to buy a property in a market you don't know and don't live in, and operate successfullyfor example - don't do thishttps://www.biggerpockets.com/forums/48/topics/1137397-balti...

We own and operate in  Columbus OH market and DFW, do you recommended them?

Many multifamily projects face challenges, including rising interest rates, operational inefficiencies, and decreased valuations, which drive the growing need for alternative financing solutions.This environment presents a unique opportunity for mezzanine debt and preferred equity investors.

This structure explains why institutional players dominate - they likely have the capital, connections, and infrastructure to operate effectively in such an environment.

We don't operate within a salary cap.

What % of the $140k is going to operating expenses?

There are better more experienced operators out there... don't be swayed by the Brandon Turner marketing machine like I was.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Many start an LLC for real estate and think they can get a line of credit or business loan - but you do not have an operating business, you are investing.

I am glad that I am starting to actually look to operate an actual business since I am focused on saving up start up capital.