The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

Investment Info:Large multi-family (5+ units) buy & hold investment in Tuppers Plains.

I gravitate towards "red states" given the landlord-friendly laws and relative ease of evictions, which unfortunately are unavoidable in the buy and hold game.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Just looking for ideas to put this money to its highest and best use.   

Hi Malcolm, With your strategy of holding multi-family properties or flipping, the key is running the numbers carefully to match your goals.

Are there any investors looking to team up and any lenders for buy and holds and new construction?

I’ve been diving into the idea of investing in midterm rentals in Portsmouth, VA, and surrounding areas like New Port at Victory, Cavalier Manor, and Waterview.

I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.

I would start with them.I am not based in LA, so I don't know your exact laws, but I think I can still provide some initial direction for you to find answers, and maybe offer an idea to research.