In some areas, purchase prices and value add opportunities align well with BRRRR, while in others the margins might be tighter.NOI plaus a big role in success, esepically with MF, so increasing rents and reducing expenses are key.

I retired from my w2 job a few years ago, but recognize that no W2 income reduces loan options.  

That can be used to buy down the mortgage rate or reduce closing costs. 

I felt so bad that I told him that I would reduce my fee from $7,000 down to $3,000.

My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.

Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.  

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.

I’m not saying to reduce.  

Unit 4 - short-term rental (this would be best for a unit with a separate entrance so you reduce the bother to other tenants because the changeovers will be more here)Is anyone doing all three (LTR, MTR, STR) in their multi or house hack now?