With each property I’ve taken over I have analyzed a multitude of strategies to attempt to generate the best ROI so I thought I’d write up this post to go over the state of some of these strategies in the Tampa Bay market right now.

All in, just on the surface, this type of deal sounds very risky for a multitude of reasons.

I always wondered if I was intentionally being delayed but based on the information you have provided the issue was due to multitude of variables - we took a long time to close after appraisal was ordered and completed; and the appraisal did come in lower.

Using a broker would help answer your questions, save you time and ultimately money.There are a multitude of lenders on the DSCR scene and each have their plusses and minuses. 

It's obviously dependent on a multitude of factors as to whether the benefit outweighs the cost.

As you scale having a multitude of paint colors is going to be a nightmare for both inventory and logistics. 

Memphis is a great market to invest in for a multitude of reasons. 1) You will be able to get a lot more value out of your money2) Great and stable cashflow 3) We also see decent appreciation year over yearI would be more than happy to discuss the Memphis market with you and help answer any questions!

Sounds like you've run across the multitude of 'brokers' who just take the listing brokers' Offering Memorandums, regularly scrub them of all data to make it look like it's their listing, claim it's off market, and then make you sign a CA that says you will pay them a fee if you close.

So far, there appears to be a multitude of internet gurus off of Youtube, who claim that owing multi-family real estate can be a passive investment, through a property management company.

There are other well-established operators out there (we work with 9 in total), operating both in individual deals and funds, across a multitude of geographies.