@Michael Anderson I have very limited experience under my belt but from what I can see it can be rather tough to find properties that fit the numbers AND are in a desirable market.

We have a couple years experience under our belt in long and short term, and your in my next target area. 

I have noticed when looking in the rust belt more feasible properties do get listed there (Indiana, Ohio, Pennsylvania, Michigan, south Chicago) but as I move out of those markets the ratio of multi family shifts away to more commercial ventures (gas station, office buildings, strip malls).

But what I found working in PM is that you don’t necessarily do it to make a great business income, but to build a massive network.Think about it….let’s say you’re looking to get a deal under your belt but you’re a little short on capital and you’re having a hard time finding a deal that makes sense.

Congratulations on getting this first investment under your belt! 

Also give them a call, ask them how their process is, see how their response is and how well they communicate with you.I think once you have 1-2 turn key properties under your belt, and you become more familiar with the process, you will eventually want to stray away from them and start building your own team so you can achieve better cash flow.

Getting that first property under your belt is sometimes the hardest step to take, but also the most crucial to put you in the mindset to scale over time. 

I am also SUPER excited to get my first BRRRR under my belt in 2023.

Once you get enough properties under your belt you will have graduated from the fannie mae space in to commercial financing.  

Congrats on getting your fourth property under your belt and in such a short time!