Having a consultant who has worked with the agencies before is a huge plus.Alongside the developer, creating a defined site plan is needed to determine the improvement & infrastructure cost. 

You are on site or very hands on, manage a small number of concentrated bets, are investing alongside me, and your day job is 100% focused on ensuring a great return for me.That's the lesson.

For example she starts dating a carpenter or a handyman type (or even worse a wannabe carpenter or handyman) who moves in and does work on the home and claims they should have equity too for making those improvements.

I also think micromarketing is best for newer investors.Some things to addTailoring your lists - like focusing on absentee owners, properties with long-term ownership, or pre-foreclosures—can improve your response rate.Consistency - It’s rare to get responses from a single mailer.

Hi,I'm trying to improve my close rate as a multifamily investor and wanted to gather some insight on what others have for their closing process from start to finish. 

Most often the application process takes longer because previous landlords do not respond in a timely manner, jobs verification doesn't respond in a timely manner, and the tenant doesn't provide the necessary documentation.

Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.

Your "buy in" funds could potentially be used for improvements to the other properties you mentioned, without triggering a taxable event.

This would be purchased as a primary home and then probably turn into a secondary home as their job would probably require a move over the years.

Listen to @Tanner Lewis in a nutshell.The best thing you said was this - " I do not want ALL my income to be reliant on my day job."