Since this is my first project, I’m very open to any advice or suggestions—especially regarding potential obstacles I might not have considered.

It was in response to a potential emergency situation (ex: a water heater in one of my units was leaking and they paid a little over $2,000 for replacement).

But that really is there BEST outcome potential.

Due to high premiums, expenses increase, and cap rates and cash flow potential decrease.

For first-time investors, neighborhoods like Riverside, Murray Hill, and North Jacksonville could be good places to start, offering strong rental demand and potential for growing neighborhoods.

@Tim Delaney is an investor in the Buffalo market and shares many of your views on its long term potential!

It's interesting because of the low start up capital and potential for higher returns.

multifamily and single family both have potential value.

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

.- Owner must sign a Hold Harmless to indemnify us against any potential tenant lawsuits relating to the work their contractor is doing.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?