However, condos are typically cheaper and you could find more options if you have a limit to what you can spend.

His MFM course focuses on first time investors transitioning from renting or a single family to their first multifamily, typically two to four units.

Its typically about a $20k job in a typical size row house.

Jim  There are not that many that teach notes and its typically done virtually.

I am debating adding an actual rough offer into my letters, as I think sometimes calling or writing and essentially asking if they have considered selling almost always gets a no because the owner assumes you will lowball them, like most other investors. 

We typically pay $2,500.

@Grayson Lynum Regarding Modular, I have gone down that rabbit hole several times, and what I found it, they are not cheaper, just faster, and they look like a modular, due to the transportation limitations, the rectangle box or Prow front on mods tend to have a stigma to buyers, also many of the finishes are very low end. if you site built a very basic rectangle with the same cheap finishes most mods come with, you will be financially better off. and they are not faster, typically from order to occupancy is 6-9 months, I did my last spec in 7 mo. its just not as much work on site, the time is waiting for the factory to get to your build. good luck!

Typically the entity is setup as a LLC and investors are members of the LLC and receive a K-1 at the end of the year.

Essentially, I want to renovate and upgrade the property while living in it as my primary residence and force appreciation. 

If you aren't experienced at it, it'll typically cost you even more to build your first project, because you don't know what you don't know.