To answer the first big question in your post — single family vs multi-family — I am firmly in the multi-family camp.

My plan is to purchase a home that I will hold onto while hoping to gain both forced and time appreciation.

As opposed to regurgitating some general platitudes which is what you will get if you ask the first question.

The properties I am targeting are thought of for infill development first, but when those numbers don't work rehab second.

So, now that you got your losses and failures done - and congratulations by the way because I can't think it could go any more wrong - now you can start over.So yes, get those properties sold and do this right this time.

Wilmington on the first Thursday of the month from 6:30-8:30PM. ccreia.wildapricot.org (this website hasn't been updated to reflect the change)NCREIA also meets monthly in Wilmington https://www.ncreia.com/Events.aspx?

@Anthony VaganosI haven't checked this in a long time.

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

In some jurisdictions, you are liable for 3 times the value of the property if you lose.

Message me your number and I’ll add you to the WhatsApp group we use to share meetup times and places.