Hearing about your experience moving from a 4-plex to an 8-unit property gives me a better idea of what to expect as I grow my portfolio.

This deal doesn't meet the 2% or 50% rule of thumb, but it has positive cash flow and is in a growing market, according to the latest 2024 Top 100 data from BP. 

Honestly I have loved it and we are working to continue to growing.

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs. 

This is a good way to learn and grow.  

 @Michealsoto Hi Michael i nust got banned from messages as well inly sent the one on forum but does it also include inbox if so i will watch what i send next time please help im looking to grow my network thank you 

Tuscaloosa is particularly interesting—it’s a growing college town that’s home to the University of Alabama’s flagship campus.

A lot of my out of state real estate clients really like this market because the macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

We are looking forward to with growing with you all over the next decade or so!