Agree it is difficult to assess costs when they vary so much by location.Keep in mind that some turnovers are sickenly expensive, and that is just the nature of the business. 

You must have excellent connections, industry knowledge, experience, and project management skills to achieve this outcome for those numbers.

Any insights, advice, or similar experiences would be incredibly valuable.Thanks so much for your help!

What is your mentorship experience and background?

I’m excited to engage with this community, share my experiences, and learn from all of you.

I am basically a newbie but have some experience in a foreign country (Brazil).

Hey @Nina Erlandson,Happy to share my experience using Obie. 

This approach would allow me to learn with each deal and minimize initial risks.2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.I have no experience with either strategy.If you were in my position, which strategy would you choose and why?

Ask how many units they manage and how much experience they have.

My name is [Your Name], and I'm a licensed architect with a passion for turning ordinary properties into extraordinary investments.A Bit About Me:Architect & Investor: With over 10 years of architectural experience, I've had the privilege of designing and revitalizing a diverse range of properties—from cozy residential homes to bustling commercial spaces.