It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Today, our five biggest states for where investors live mirror the five most populous states in the US.  

We are comfortable living in a short-term rental until I find the right property to build a new home (as previously stated, I own my own construction company and will build my house as a general contractor). 

85% LTV is available with at least a 710 FICO and 1.1-1.2x DSCR (not every state though).

Even after the split in early 2018, you continued to promote NB Private Capital deals (up until Dec 2020).It’s also misleading that you state “Once COVID hit the industry, we no longer represented student housing from any of our sponsors.”

They must be exclusive to your properties ("your" as in the company that employs them).

In short, this would be an entirely appreciation-based investment.Given the state of the economy today, with high interest rates and the seller-buyer lock out effect, I want to discuss the pros and cons of this investment at length, specifically in the context of all the other properties / neighborhoods that I have been evaluating. 

@David Lewis I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

With a 9-5 job too busy to catch a breather, being that it will be my first rental property would you recommend finding a property management company to oversee the investment property OR create a profile on a property management platform, I am thinking about Avail unless there is a better platform, to collect rent and hire specialist as issues arise from tenants?

There is a ton of DD to do on a MF property, are you doing an environmental study, a reserve study, analyzing the T-12, market study to show there is room to increase rents (of course every seller states rents are underpriced)...