If you have limited prior experience owning / operating multifamily assets, they'll also require you to use a professional property manager with multifamily experience.

So, I’m curious how you are managing to find your deals, whether you are buying at auctions or via marketing direct to sellers.

On paper, a restaurant manager with a 740, may appear stable, but is it more stable than say a medical tech in healthcare with a 640, with less or equal time on their jobs?

I do know some people suggest having multi checking accounts for long rental properties.

Multifamily properties can benefit from forced appreciation, where you increase value through renovations and improved management, potentially achieving 5% to 7% appreciation annually, especially if the rental market remains robust.

We onboarded a hoemowner to our property management team in West Palm Beach just over a month ago.

New development in the city are kicking out people.

People that are really into coffee (and that's a LOT of people) really appreciate the choices.

Trying to get into the nuts and bolts of how he was trying to source a location, project size of preference, what type of financial modeling he does, what kind of tenants he was hoping to attract/the strategy behind it, if he was doing any joint ventures or had done any in the past, if he had taken part in any syndications, what management strategies he was implementing with his current properties to maximize lease uptime and profit, what types of leases he generally favored contracting for his properties--all of that was like pulling teeth.

I have one asst. manager doing book keeping weekly on over 400 units.