For a few hundred bucks, hotel & air fare... you can immerse yourself in a pool of hundreds of sophisticated and accredited investors.Step #2- Follow up with all the people you met and strengthen the relationship you started. 

Jake, we work with both very sophisticated corporate investors and new ones...primarily on the sourcing and acquisition side but also to provide repair and renovation and leasing and management. 

So in all cases but one the spread is greater than 3%, and in that case (using higher-interest bridge debt) we plan to refinance into lower cost debt by year 3 which will then create a spread in excess of 3%.Unfortunately buying commercial income property (includes multifamily) requires very sophisticated financial analysis and there are no shortcuts or rules of thumb that will give you the complete picture. 

Pre made analyzer spreadsheetI started to put together an Excel spreadsheet with some fairly sophisticated ideas in mind.

I have several clients and investors in my network who are very sophisticated.

While a lot of syndicators offer investments to accredited investors only, there're still deals out there that allow up to 35 sophisticated investors based on the Rule 506 (b).

Sophisticated buyers -- who usually offer best price and terms -- will label you as unrealistic.

Once I’ve created some income, then should I start looking for foreclosures, passive income and more sophisticated strategies?

Sophisticated CRM and follow up systems.3. 2 to 3 or more closers ( real people that the second the lead came in they were pounding on the door) now you will have others on BP who qualify folks on the phone and only work the with most motivated.. and I suppose that works were you have little competition or your competition for inventory is not keen.. these folks were in bigger MSAs.4.

Make sure you have an experienced inspector who also will give you an indication of life span for major systems.I'd create a sophisticated spreadsheet with as many costs broken out as possible.