Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

A few years ago, I hired Dalinghaus Construction to lift the foundation on a two story building that was built in 1925. 

Quote from @Rory Darcy: Hi guys my name is rory, pretty new to this im an out of state investor residing in new york, looking to invest in wisconsin and illinois, currently looking to build my portfolio around multi family duplexes or single family residencies, would be great to connect with like minded investors or agents who can lend a hand.Rookie investors should not invest out of state.

Quote from @Mark Sullivan: Quote from @Tim Delaney: One missing piece of info here is how much cash you have available to invest at the moment.My initial thought was sell LLC B and hopefully you have a few hundred thousand available on top of that to buy the new building.

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).Moving forward I am considering one of the following options to put my money and build equity:1.

On market, $6,000 over ask offer and waived inspections due to the pristine condition of the building and garage.

Also, without even looking at the plans a 7 unit building will likely have flawed floor plans and/ or an inefficient layout unless its an irregular site.

It’s inspiring that you’re both already running your own businesses—it sounds like you have a great foundation to build on!