We plan on making it an Airbnb.

.📜 Know the rules – No "deal-making" in the forums (that means no advertising, pitching services, or looking for partners).

You'll need something like 125 units netting $200 per door to get there, that's about 10 million worth of multifamily in today's money, so you'll need about 3 million in down payments.

The VA will not allow you to make payments during the build process. 

While it makes homeownership more accessible, it is a good sum of money that is not contributing to your equity.2. 

@Walter PinedaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

You are LOSING money because you didn't even raise rents to cover those increases!

You need a management plan in a market to make it viable.

I have ideas of what I want to put in it, but want it to look legit and not something thrown together if that makes sense.Thank you in advance!