Hi Zoe in Milwaukee, Wisconsin-You have $25,000 to invest and you would like to scale your portfolio efficiently and wonder what the best approach would be to do that.First off, congratulations on starting your investing journey and having $25,000 to invest.If you could find something near you with equity when you buy it, then house hacking will get you into a property with the lowest amount down--make sure to leave room for reserves and repairs in your budgeting and then refinance as soon as you can to pull money out to buy the next house the same way and keep the first and so on.If that is not possible near you because of prices or other factors, then I would look at buying a BRRRR in a market like Lansing, MI.

So, we now find most areas where the cost of PM leaves but the general real estate passive investment ROI for the investor hiring property management.  

I flew in town, ended up setting it up - they finally hired a task rabbit person, as their team would just deliver a box and leave.

The 4-plex would produce around $1000/mo cash flow after financing, and that financing would recover your total build cost leaving you with no money in the deal at the end and an "infinite return" for CoC.

You need 6 months' of the payment for the home you are leaving. 

So if we go w/ the $700K purchase price of the new rental (paid in cash from the proceeds), that leaves them w/ $300K to pay capital gain on, @15%, totaling $45K. 

Some may want to leave without the responsibility of cleaning.

Hello, it is a owner passed and child wants out because they are absentee, no section 8 and the tenants have lived there already for long time 13, 6, and 4 years with no desire to leave as long as I can keep the rent same or close to same and they are willing to sign 3 year leases.I have looked at single family houses and have not found a deal that compares.

Most of the time, we resolve the situation in less than three months through cash-for-keys agreements, court mediation, or by creating enough pressure that the tenants decide to leave on thier own.We currently manage over 700+ units and flip about 20 multifamily properties a year, the majority of which have inherited tenant problems.

Building appraised out at $1.5M and I ended up leaving a small amout in the project (~$90k).