I would like to get an opinion before I purchase my first property in about a month.

The discussion on LinkedIn has erupted into hearing various opinions as well as strategies surrounding actionable efforts.  

@Drew Sygit The verbiage in our management agreement is as follows: make, contract, and/or supervise repairs, alterations, and/or decorations to Property; to purchase supplies and pay billstherefore; Broker agrees to secure the prior approval of Owner for all expenditures estimated to be in excess of $500.00 forany one item, except monthly or recurring operating expenses and/or emergency repairs in excess of the maximum, if inthe opinion of the Broker such repairs are necessary to protect the property from damage or to maintain services to thetenants as called for in their leases; in the event that Owner is unreachable after multiple contact attempts for more thanforty-eight (48) hours to approve a repair in excess of the above amount, Broker shall be considered authorized to makesuch repair.I've been contacted about high ticket items in the past but these "make readys" are done without approval. 

So I would like to get the opinion of some experienced investors.My goal is to buy (3) three to four multifamilies.I inherited a 3 family fully paid off and own my current home.Between the two I have roughly 550-600k in home equity.  

In my opinion they are both good, but not great.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

A Cape Coral real estate attorney I met with recently told me that in his opinion, Delta "is done".

This entire conversation in my opinion comes into play for a group or entity that may have 50-100 STR's where the branding will matter more but to be honest from what we have seen when they get that large they usually have lack luster service and subpar reviews- in the end someone that is 1031'ing mostly cares about that cash flow at that level and that's why and mostly only why they care about buying a brand. 1-15 units and a brand is nice but in my opinion wont break a deal- we are trying to do it but in the end its more for our guests to have a simple streamlined way to book with us.

I am just saying what i have done not necessarily that would fit your needs and certainly as a Anderson client you can get their opinion, book a consultation or  ask your question on tax-tuesday  webinars. 

Is not a licensed appraisal specialists and therefore is not permitted to provide an opinion of value . ( keep wholesaler from telling seller their 500k prop is only worth 300k).4. the disclosure goes on and on about how to terminate it who to file complaints with etc etc. complaints go to the DRE.