“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.

Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.

Am I just dense (a real possibility), or did I miss how to navigate account creation without a website for our business? 

@Bayo Badejo, there are so many missing pieces here to even begin to give a real answer.What insights are you wanting?  

In our area, it is rare to find a gas station where the real estate is owned by the operator.

With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.

The real issue you should address up front is what does the seller want?

In real estate there is no perfect deal or perfect market.

For that SMALL landlord, turnover/vacancy is VERY expensive because it takes them longer to prep and fill the vacancy and they are also paying the PM a fee for tenant placement whereas the large landlord is using their staff who is being paid whether they handle a turnover or not.