Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.

it’s my second property.  

Of course, you can always contact a prospective fund operator directly and ask them your own set of DD questions (ask for their track record, properties that the fund has acquired thus far, performance of the fund, past funds that have closed to investors and how they have performed, etc).  

I'm always surprised how expensive Portsmouth is by comparison.May I ask how much you plan to DIY the property management? 

These options can provide simpler and cheaper access to funds, especially if rapid property acquisitions are your main goal.Life insurance is a powerful tool when used for the right reasons—like estate planning or key-person coverage.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

Hi all,I'm looking for recommendations for a property manager for my 8-unit apartment building in Cullman, AL.

A main component of my team is helping investors find multifamily properties around the greater PHX area.

Whether it be cleaning their properties or doing manual labor.