If there are bad experience i prefer staying of the area.

It’s all a matter of personal preference really and what you feel most comfortable doing. $6000/year likely doesn’t get you into another investment but it adds up over time.

If you have the bandwith, adding bedrooms/bathrooms or a new HVAC can significantly increase ARV.First-timers often over-focus on minor cosmetic changes like new paint, luxury upgrades that aren't necessary for the area, and personal preferences that don't align with market trends.Let me know if you have further questions.Good luck!

Buy Box:- Creative deals only subject to deal - < $600,000- >2000 sqft living space- No HOA- As many bedrooms as we can get - At least 2 bathrooms- ADUs are a huge plus- Cosmetic rehab is preferred but will entertain light rehabs under $10k.- Close to transit preferred- Close to jobs/shopping

Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

@June Broce We do a ton of Transactional Lending for wholesalers looking to double close, some investors who are doing seller finance deals or same day purchase and refinance into a DSCR loan.If you can assign the deal and save yourself some money, it's the better option but I 100% understand why someone also prefers to double close and secure their profits depending on the scenario.With that said, you can buy/sell the land SAME day for a legit double closing. 

This is not going to be the most "ideal" scenario that you would prefer, but the alternative would be to go through the lengthy process in housing court which may not guarantee any solution. 

I have used Landmark CU for several loans under 100k however, they have told me they are moving away from commercial lending on SFRs and prefer duplexes or better.

There are various books on the subject; do your due diligence before choosing a syndication.Other near passive RE options include NNN and REITS.My preferred money market is getting ~5.5% and virtually zero risk.  

It seems PMs don't make a ton of money for all that they do and their incentives don't always line up with investor's incentives (i.e. getting paid more for turnover in terms of tenants when I'd prefer no turnover or vacancy).Sorry for the long intro, but having said that, I have a few questions...