I did condo conversions for 2 years in Columbus Ohio on buildings older than 1950.

Most everything else you mentioned has been fairly standard on my builds since the beginning.

As for building trust with sellers, communication is key.

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!

I'm out of Fairmont MN also, been building a portfolio of apartment buildings in the area.

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

@Mike Levene cost to build per square foot is $200-$300 depending on finishes.So, you can start with that.

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.

you can build triplexes in columbus for cheaper. if it was more about you living in Grandview could work out but that's a tough exit one unit won't even get 0.5% rule.

Looking for some guidance on resources of how to begin analysis or how to build a business of this sort.