Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.

They call the person that brings the schedule of real estate, net worth and liquidity to the deal the sponsor or key principle.   

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

I spoke with the one I suspected forgetting to turn off the stove but the person did not confirm.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

And what if the one person you didn't check has a criminal background, has collections, and more?

I try not to let it get personal...there are some members that have been 'inappropriate' in the past, but I will still give them a vote if their post actually deserves it

I know some will differ here but I will offer my personal opinion like many others have.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.