Over the last 2 weeks I've been focusing on trying to figure out the process of buying my first true multifamily investmet.I've done single family and it was nerve racking because anytime there is maintenance the profit gets wiped out.Point is, I'm committed to focusing on multifamily but I need resources. 

I agree and don’t see fast enough growth with the safe route but for my first deal it’s kinda nerve racking getting involved with a big rehab with no experience

Hell, I almost fainted at the closing table because of my nerves.

Hello,I’m a title examiner working in Cuyahoga county (Cleveland).

., the Court stated:In deciding whether a rental property is used in a trade or business or is a capital asset, the Court of Appeals for the Second Circuit has examined the taxpayer's rental-related activities for continuity, regularity, and substance.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

I’m just wondering if anyone has done anything like this and if you would have pointers.. my wife is very nervous about doing this and I need something to calm her nerves.

If you find you are getting burned out because you are constantly up late AND up early the next morning, consider examining your overall efficiency.

One addition thought is that you need to examine the underlying risks associated with each asset.

At this early stage, you don't yet know if your neighbors would even benefit from financing the sale themselves.It'd be like your doctor telling you "I'm really eager to prescribe you some Zoloft," even before they've had an opportunity to examine you and understand your situation.So, don't ask the family about owner financing.