Quote from @Skyler Shively: Looking to scale my rental portfolio.

For path #2, you mean purchase & renovate a 3-5 unit building right?

When I purchased my first 8 unit it was significantly more difficult than my previous 3 and 4 units are.

I cooperate with a fantastic local investor who does coaching on a small scale.

I'm coming from smaller scale mixed use development and fundraising.

Are you set on starting with a larger property, or would you be open to beginning with something smaller to build experience?

If done right, a well purchased flip will have multiple exits.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

If you're scaling your rental portfolio, you have to scale your operations as well.Having said that, I have friends who only have single family MTR homes and do extremely well at scale.

Hey everyone,I’ve been diving into Chapter 1 of The Multifamily Millionaire, Volume II: Create Generational Wealth by Investing in Large Multifamily Real Estate by Brandon Turner and Brian Murray, and I wanted to share insights on one of the most important concepts: Crystal Clear Criteria (CCC).When scaling up to larger multifamily investments, having clear and specific criteria is critical for success.