To transition to multi-family properties, research landlord-friendly states like Texas, Florida, Tennessee, and Indiana with favorable eviction laws, lower taxes, and higher rental demand.

Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.

Don't go for the cheapest (unless the price is lower because it is on sale), but also don't go for the most expensive. 

It's OK to be more tenacious with negotiating down, and make the most out of a slowing market to buy at lower prices.

In category after category, larger condos and higher price ranges are selling better than smaller condos and lower price ranges. 

For $10K and a lower rate I'd be willing to consider delaying...but only if I knew that lender two was solid on closing in a relatively short timeframe.

So in that a much lower rate of return is acceptable given the safety and certainty level of things. 

When they do, you can refinance to a lower rate.Dealing with current high interest rates (about 7% on 01/27/2025) you have the following choices:A larger down paymentAccept a negative cash flowBuy down the interest rateCombine and balance all three to get an acceptable cash flow today.

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

On the other hand, if you have a lower budget, let’s say $100-$150k.