I'm sure there must be someone in your network that is successful in this.

Congratulations on the successful purchase.

I'm actively working through this process somewhat now so I can roll funds into a bigger boutique hotel project.

Would love to hear more about your thought process as I’m prepping for my first multifamily deal, too! 

Our private money lender on this flip was very reasonable through this whole process, as we had to navigate many gray areas and difficult decisions. 

Birddogging is to wholesalers/investors like getting your real estate license is to someone who thinks they can do it part-time. 99% aren't going to do the work it takes to get the momentum you need to be successful.

It sounds like you will be a successful owner which is amazing! 

Multifamily properties do require more management overall and typically appeal to a smaller, investor-focused buyer pool.At the end of the day, you can be successful in both asset classes and they go hand-in-hand.

It is a path not without risk, but it is a common path in this market.Wishing everyone a successful 2025.

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project.