A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

Once you’ve made all of the rookie mistakes and have your SOPs in order, you can go invest out of state with a game plan.

Thanks tons and if this question sounds very immature, i'd say 'that's about right' given how new to this game we are.Thanks again!

Very new at this game I live in cottonwood California and I would be interested in going to meet up if my schedule would allow.

I have been BRRRR-ing in Milwaukee since 2009 and while it got progressively harder to find deals the game really changed after 2020.

Yet it's all a zero sum game, so think about it from winners & losers.

., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!

Definitely agree with Doug, telling the truth and being transparent is one of the biggest advantages that you can have as a wholesaler.

That's why I'm asking for more opinions from people who have been in the game longer. 

Lots of people either rush in to quick or don't ever get in the game.