Hello BiggerPockets Community,I hope you're all thriving in your real estate endeavors!

The sale of the single-family should easily cover what we'll need for the cash injection and about thirty thousand left over for a war chest to fix whatever comes up with the new acquisition.We are confident in our plans and our skills and the rest of our team in this new endeavor, we have a good handle on what needs to be done, and really, while this will be a major move for us, it won't overextend our resources.

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

The sellers either cannot wait through traditional timelines, their property is of very low value, or the property has major defects that make selling it and earning a 3% commission a money-losing endeavor.

Either way, good luck and we wish you lots of aloha in your endeavors. 

After completing the course, here is my honest feedback on the program: in short, it was not worth the investment.Just to give you a little background on my hubby and I (and without going into too much detail), we started our real estate endeavors in 2017.

@Ryan DaultonI have learned through the years to never take advice from someone who has no or very little experience in the endeavor I want to pursue.I owned 200 units before I told my mom that I was investing with a partner.

Hi Mike,Sorry I didn't reply much in detail to your message.I've been very pressed for time last few months and can only schedule calls with folks within our operation.Here is a great thread on the different Toledo markets - https://www.biggerpockets.com/forums/86/topics/699494-toledo...I hope you find it useful.Wishing you much success with your endeavors 

Wish you all the best on your future real estate endeavors! 

Good luck with your new endeavor.