competing against those in the industry is very hard .. .And your not going to have any luck trying to daisy chain these deals . 

If you are just carrying it, why keep it if you know you made a bad deal? 

In Spain, this is usually seen more as a barrier as people rather would invest in individual units (less purchase capacity needed), but by rethinking the setup up it matches the criteria of a multi-family deal.

When thinking about how to structure a deal, it is more useful to wargame different scenarios.

So I prefer to have more of that in the deal.

This is an EXCELLENT breakdown @Jarret Jarvis great ideas provided by you, thank you for this! 

This experience has provided me with a strong foundation in acquisitions, valuations, and deal sourcing.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

I have seen 20-30% on 2nd liens in the past, not uncommon - especially if its a wonky type of deal (not your standard single family but land, development deal etc).I have started seeing some who have 30-50% 2nds from HML on single families. 

I am new to this industry excited about getting started and to my make my first deal and start to build wealth for my family  Holla.