Multi-Family PropertiesStarting out, it's crucial to balance potential returns with manageable risk.House Flipping: While flipping can yield significant profits, it requires substantial experience in project management, cost estimation, and an understanding of the local market dynamics.

I’m now looking to expand my portfolio into Tennessee, Massachusetts, Maryland and Minnesota markets.I’m eager to connect with realtors and lenders who have experience with multi-family properties (leaning to commercial) and understand the dynamics of value-add opportunities in other markets.

Problem is theres slim to none investors that are going to allow you to get into a property with zero skin in the game. 

Does your family member leverage a dynamic pricing tool like PriceLabs?

I can’t stress enough how important it is to stay focused and avoid some of these common pitfalls early on.Quick thoughts:Find the right Realtor – Make sure they’ve got some skin in the game with househacking or investment experience.Budget = Game Plan – That pre-approval is your marching orders.

Your market dynamics will dictate what pricing should be regardless of what they are now.

You'll develop tough skin and it will make other seller calls (i.e.

I also was presented with dynamic pricing.

If you have never been to Philadelphia or lived there, trying to invest there is going to be very hard unless you are planning to go multiple times to understand the block dynamics of the areas you are interested in.

That's a great point about Texas being made up of many different housing markets, each with its own dynamics.