Here's a look at what will be the standardWe learned one thing from 2020, it is that technology is a vital piece to an apartment company’s business strategy.

For a larger multifamily (100+ units), the work just begins once you close.Having good staff (manager, leasing and maintenance) is vital.

Screening is still vital.

If you find an agent who is also an investor in the local area, they will save you time forming your other vital members.

GET title insurance it's vital in case heirs make a claim and the title officer will get an appraisal of value at death minus the balance owed = what PA department of revenue will want.

I am continuing to add value to the property over the course of this year I will allocating 40% of my saved income to refacing and replacing vital components of all three units!

The list is as vital as any contract.

Buying right and strategic renovations is still vital.

While you can definitely participate in those programs, it is even more vital for you to gauge your finances and not overextend yourself in these purchases.

Inexperienced investors tend to (1) get exited about deals without having the experience, knowledge or ability to properly determine if indeed the deal is good, bad or mediocre, (2) take what the seller says as gospel not realizing most sellers will exaggerate, lie and or withhold vital information to get what they want, (3) engage people who will provide opinions for free rather than pay a competent professional, (4) get emotionally caught up in the deal and very defensive when receiving an opinion or information that doesn’t support their dream, and rationalize that more experienced people who point out flaws are “jealous, negative or haters”.Btw, no one can provide any knowledgeable answers to your questions without first analyzing the deal, your ability to come up with a down payment, your credit capacity and banking relations, if you have a track record, your experience with similar property ownership, etc.