This is very useful.You could build a deck or gazebo to house a hot tub.

I will be using this as a building block on how I manage properties in the future so its important to me to have a basis to start from. 

From my experience working with over 400 investors, starting early gives you a huge advantage in building long-term wealth.

It’s probably not that you’re “small potatoes” to your PM, but more a reflection of the nature of the market itself—low rents, properties with higher maintenance needs, and tenant issues.These factors make properties in these neighborhoods more difficult to manage and generally less profitable for property managers.

I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

There is a barrier to entry, and the city is pro business, but our market had much better metrics.Lower entry points should not factor into getting in a market.

I own a small multifamily commercial in Albuquerque and can confirm the diversity of the economic and cultural factors that you mentioned. 

It never occurred to me that I’d have to make the drive to this building for 2 months.

Warren Buffett’s Berkshire Hathaway, Donald Trump’s luxury hotels and skyscrapers, and Oprah Winfrey’s Montecito estate, "The Promised Land," all reinforce the undeniable power of real estate in building generational wealth.My journey into real estate was far from conventional.