from this time last week, 30-yr mortgage)Market RuminationsMortgage interest rates dropped considerably in the last 7 days, a well-welcomed reprieve from seemingly ever-increasing rates.

I think most of us legit lenders are going to take LTC into consideration in addition to ARV.

I’ll take that into consideration on future projects when budgeting or analyzing a deal.

Here are some key reasons why many investors make this transition:Economies of ScaleIncreased Cash FlowRisk DiversificationProfessional Property ManagementEasier FinancingScalabilityProperty AppreciationTax BenefitsHowever, it's crucial for investors to thoroughly research and understand the unique challenges and considerations of commercial multifamily investing, such as market analysis, property management complexities, and potential regulatory issues.

Be cautious about legal and ethical considerations in Virginia, as wholesaling involves strict guidelines.

Appraisals are done by professionals that perform a thorough analysis including location considerations, zoning, comparable sales, and any potential restrictions on development.

Make sure your not buying on the wrong side of a city/school border and are using rent comparisons that might be geographically close but are really different renter markets(like buying in East Cleveland and using Cleveland Heights rents).  

5) Are there any other legal or financial considerations I should be aware of?

For example , when I started I targeted Warrendale (5000 and 6000 blocks specifically) due to the close proximity to Dearborn/Dearborn Heights area.

this community is probably the best place to start, it was in 2018 when I started and still is in my mind.  1 up vote here for the central OH market during your considerations.