When I shifted to multifamily, a few things were and continue to be intimidating and/or difficult:  Understanding the capital intensity and possible sources of capital to close a multifamily property and execute a plan to add valueGetting commercial brokers and lenders to take me seriously given my limited experience despite a successful track record of investing in SFR's and professional background in investment analysis/financial planningGetting my mind wrapped around the increased scale and moving parts involved in finding, closing, and operating multifamily propertyBelow are some of the things I did to raise my comfort level and get over my fears of the unknown.  

(Hardball - with unknown consequences if you did give notice).

if you don't have "All Unknown Occupants" on your court papers as well as your tenant(s) name then you might have a problem. 

I am a real estate attorney from Houston, Texas and think this website is a great resource for initial research in unknown areas and a great way to gauge community sentiment about a topic.  

The only downsides to a big rehab are: 1. larger variation of unknowns which is reduced with experience and 2. it may take a few weeks or a month longer, which may seem important when trying to get a unit on market quickly, but in the long run it's irrelevant.

My agent says I made a very strong offer and their are a few other unknown offers.

So I found a wonderful house. Its gigantic, its VERY affordable and from what I can tell is a gem.

The issue I'm running into and is seriously making me think twice about pursuing it is that I don't forsee th...

I've never looked for a personal home via auction, but you are right - can't fall in love with it as there are soo many unknowns.

." ~ Unknown  

He lives in the condo but it is filled, wall to wall, with boxes, the content of which is unknown.