Here's our situation:Close Friend as Property Manager:Agreement: Our friend agreed to manage the property in exchange for a below-market rent since we live out of state.Issue: We recently discovered the property was neglected during past winter snow storms, turning the parking lot into an ice rink, creating a huge liability.Result: The property manager, who lives on the property, neglected maintenance and communication.

I couldn't agree more with what you just said.

When people are juggling multiple businesses, the temptation to shift funds—even temporarily—can arise.Interestingly, the builder fully agrees with these precautions—he’s seen things too.My approach?

All 17 or however many sellers want to sell, and we've agreed on terms for seller financing, but the problem is no one cannot get in touch with the last reminding person.

And agree, that is another important task that needs to be done prior to Closing.

I do agree that you should work with a lender that is deeply experienced with these loans.

Time is your most scarce resource.I absolutely agree with this.

I also agree it's better to use real life examples rather than hypotheticals.

I agree on the house hacking.

I agree—12-24 units is a great jump for SFR investors looking to step into multifamily without getting overwhelmed.