I am a fellow believer in OPM, though carrying with it a fiduciary ethos is critically important over the long haul.

So it is critical that the numbers make sense.Best of luck.

hey guys, I have two properties in Indianapolis. both were purchased 2 years ago for around 65K each, and both were bad choices (without being too self-critical...it was in the very beginning) In one of them, I now need to invest 20K to replace the roof, install a fence, and another major CapEx in order to bring it back to the market and find tenants. for the second one, the bid I received was 8K. it's important to mention that these bids have been prepared by my property manager so I believe they are a bit over-price.

I attached the deal analysis below for anyone who is curious, would love some feedback/ constructive criticism. 

I am humbly seeking advice/constructive criticism ahead of my small multifam new-build project plan in mid-2022. 

Developing an overview of the market may help answer many of these questions and dedicating time to observing the property is always beneficial.The Importance of Good Property ManagementHaving a reliable, reputable, and professional property management team is probably more critical with multifamily investments than with any other asset class.

So it is critical to work with a broker who thinks like a real estate investor. 

Timing is critical.

You have to keep learning, keep asking questions, keep thinking critically and keep looking for what other's may not see. 

You just have to put it into writing and have that critical conversation.