Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

So, for me, step #1 is to review the data the assessor has on my property.

There are a lot of good meetups for real estate investors in the area that would be good to grow your network and learn from others that are and have been in your shoes as a new investor, message me and I can share on some specific monthly meetups.Also sharing some multifamily data, this is Boston proper so it has an interesting trend compared to the rest of Massachusetts.

This ensures that any payout for damage or liability can be processed more smoothly, and it can help protect your interests if something happens on the property. 

This ensures you have a clear picture of what repairs are needed and helps avoid surprises during the rehab.

.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.

➡️Underwrite deals with data-driven decision-making.

I always enjoy reading your updates and thoughts on the area.So, what is your best area right now according to your data and opinion?

My approach is conservative and focused on finding properties that meet specific criteria to ensure solid returns.If you’re interested in multifamily investing and would like to explore potential partnership opportunities, feel free to reach out!

That said, make sure you're accounting for all expenses, like maintenance, vacancies, and property management, to ensure the cash flow is reliable.