And to get their attention, you need a long track record and infrastructure, as well as the right deal(s).

Without knowing the cap rates of other MFHs nearby, there's not much objective insight to be gained there.Good luck!

I pay close attention to it in down months.

Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!

When you’ve used it in the past, what specific factors do you pay the most attention to?

Equity / Capital Gains - This is usually a shorter term timeline. 

A lot you can gain from these forums, but some you just have to jump in and learn.  

There’s a major advantage here, especially for the seller, as it can help them defer capital gains taxes.

We thought that it seemed like SROs fill a valuable niche, and that property owners who manage them stand to gain high-density cash flows commensurate to the high-density living.How did you find this deal and how did you negotiate it?

I'll send a direct message.I'd like to build a team out-of-state and possibly gain new partners to invest alongside.