Is there anyone here who either has experience in hotel to apartment conversions or is interested in getting into that field?

Hello am new here am nate and purest of rookie.. got nothing in my back got some dedt that can't seem to pay off car is falling apart.. and still live with parents.. still have this drive to buy a house and just rent it out or do the FHA loan.

I currently live in Round Rock, TX, which is 20 minutes north of Austin, TX, but I'm also interested in investing in Houston. 

Anyways, here's what I've came up with:++++++++[TODAY’S DATE][RESIDENT’S NAME][STREET ADDRESS][APARTMENT NUMBER][CITY, STATE/PROVINCE ZIP/POSTAL CODE] Re: New Landlord Transition LetterDear Mr.

My favorite book on syndication is Joe Fairless Best Ever Apartment Syndication

The first 6 or so apartments were very up and down but after that they were off to the races.

Market Differentiation: Even if the ARV isn't impacted, it can set your property apart from others in the area.

I would also try to get my hands on as many OMs to see what assets are trading for.Gino Thanks Gino, i'm looking at a 16-unit multifamily apartments with a CAP rate of 3.5, which is not typical in Memphis; apparently, this CAP rate was used to justify the current valuation.

Property is versatile posied pretty well for STR’s and long term hold I feel given the location.The investor group seems to be streamlining into new construction and flipping / selling from what I gather (lots of properties on market now and new construction projects in development, I think the selling agent mentioned they had 400+ SFH in portfolio currently they are trying to sell off and transition more so into new construction and large scale apartment complexes) and have own separate businesses in the HVAC / Roofing / flooring world etc.I think my take away here is that I need to get my hands on the previous inspection to see what came up and check it off.

We just moved to coastal Maine from Houston (also sick of the heat).