Any stories, tips, or advice would be hugely helpful as I decide whether to move forward or reconsider this purchase.

Another pro tip.

A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.

Do you have any tips or avenues I can take to help them out with marketing my property to find a renter.

If you have any additional tips or resources on setting this up or ways to avoid the common pitfalls in this field, I’d be grateful to hear them.Thank you for offering to share a step-by-step blueprint—it’s exactly the kind of actionable guidance I’m looking for to make sure I approach wholesaling the right way!

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.

I imagine there may be steps to take with the city upfront to determine if in fact the ground on the lot can be built on, but some general guidance or tips on best place to start and what to expect throughout the new construction process in Buffalo.

Thanks to everyone here for providing so much knowledge and tips, learning a lot on BP!

Any tips and recommendations are appreciated.

Welcome to the community and be ready for a huge amount of information at your finger tips.