With interest rates where they are, that could keep your cash flow strong while allowing you to scale. 

I’m new to private money lending, so while I understand the concepts in principle, I’m still figuring out how to identify and connect with these investors in practice.To clarify, I’m targeting 6+ unit multifamily properties, and private money is a way to scale my expertise from smaller properties into larger ones.

Lower for a company that focuses only on that and has economies of scale.3.

Now that we have significant equity positions in renovated, stable properties, we want to move into even better neighborhoods with better schools and we'd like to scale our business by purchasing newer and larger multi-family properties (rather than groups of duplexes).

I’m particularly interested in strategies for scaling in the multi-family space, creative financing options, and building strong partnerships.If you’ve worked on similar deals or have insights into the best ways to grow in this industry, I’d love to hear from you.

And how are you planning to scale from here to hit those 40 properties? 

As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".

Starting out this way shows you’re serious about scaling your business!

Addressing Housing Demand -California’s housing shortage is well-documented, and SB 9 directly targets the problem by promoting small-scale, incremental density increases.

They make it easier to scale your portfolio and build wealth.