Rehab - get an estimate of the timeline from your contractor, then add at least 2 weeks depending on the scale (because they rarely finish on time). 

At CA prices, that’s a hefty pill to swallow and limits my scale ability.

The other route is to scale up to syndicating straight away - personally I always advise my clients against this route if they are a new investor - you need experience and market knowledge to do this well and the risks can be significant.Other quick points are SFRs tend to have less turnover but can have higher vacancy costs, Multi-familys can be more management intensiveWhen you get going you can often need a minimum of 1-2 years landlord experience to get financing on investment mortgagesThere are a raft of more issues but as an answer to your general question that would be the general shape of how to think about how to structure your beginning...Hope that helps :)

Here are a couple reasons why... you don't have to spend advertising dollars and spend massive amounts of time learning how to become an expert advertiser while at the same time trying to learn Real Estate...It  allows you to focus on developing your acquisition skills, negotiating, evaluating, at scale and at little to no cost.

Its BRRRR on a bigger scale.

The best way to make money and scale your business is to not do the work yourself but outsource turn key to contractors.

This drop in expected earnings is what you are seeing price declines given the P/E ratio valuation of most stocks.Industries most hit will be retail, food service, manufacturing, hospitality and travel.

Hi everyone, I've been kicking the tires on a cash-out refinance to continue to scale for quite some time.

We take out a construction loan and renovate the first floor into apartments while continuing the manufacturing on the other two floors.

I want to scale up and eventually own an apartment complex.