Thank you all for your comments.I read all comments and I appreciate the feedback.I will comment on a few of the posts in my response below.Here are a few things I'd like to mention...Patrick was a valued member of our Multi-unit Acquisition Program (MAP).As a member, we determine one's purchasing power and diligently search for deals that meet their criteria and purchasing power.In real estate, there are a lot of moving pieces.

I have no fear of running the numbers, building a team, investing, repositioning, refinancing, selling or holding larger properties.

No, refinancing isn’t an option because of how we purchased the property.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

This Abbeywood Dr property was an attractive opportunity due to its below-market purchase price and strong demand in the Decatur area.

Purchase price max 120k$Looking to purchase in the next 6-12 monthsTIA I think focusing on areas your current property manager can serve if you're happy with their service.

I've had them long enough to keep pushing up rents so that I am at the top of my niche, but know not to exceed it because I'm just about at the point where if I raised rents another $50-$100 I'd be crossing over into the lower end for larger units.

It's even better if you've done it with land that was purchased at an auction!

I am thinking about purchasing land for the intention of using it as a RV & Boat Self Storage.

It keeps everyone on the same page.3) The downside of using a PM who has their own maintenance company is that you might end up with larger bills as it is a profit center for them.