It’s easy to approach networking with a “what’s in it for me” mindset, but I found that the most valuable connections came from a genuine interest in building mutual trust and respect.

I was talking about multifamily closer to 10+ units like you said than just 5 units, so there might have been some miscommunication there.I appreciate and respect you, just wanted to make sure the facts were straight.

Then you will get something and try respecting what they do please.

I find this discussion very informative, and have to say I appreciate how civil and respectful it has been despite opposing views.

This is why the big corp builders or regionals control so much of the larger developmentsthe deals i funded are 34 lots 160 lots and 80 lots respectively and each of them have contracts on them by Toll and Lennar and one regional but they only close when we have permits in hand. 

Glue residue can really be a pita, but a judge probably doesn't think so, but will usually respect hired out repairs.

Russel, while I don’t always agree with you, I respect your opinions and your contributions to BP.  

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.

The short answer is yes to MTR in multis, being respectful of the other tenants and the allotment of LTR, MTR, STR of the units.

In todays environment some syndicators might be pushing out into more B- to C areas to find properties in overheated markets so the risk/reward ratio might not be as good as in the past.Not talking about Brian's deals just in generalities.