I’m not cheering for @James Wise, however @Lenza M. you probably permanently burned a lot of bridges behind you on this thread of which you probably realize by now.

@Robert Burns - is your primary goal to invest for cash flow or appreciation?

Hey Justin,Thanks for your comment.Our bread and butter are single family but we are happy to take a "custom order" for multifamily.We usually do this for existing investors only tho.Also, as multifamily is out of the usual scope of what we do, we would require some fat cash in the deal to give us peace of mind that the transaction will actually go through.Over the years I have experienced many folks talking a big game but never actually playing it.Thus we need to protect the company in such a way by asking for $$$ in advance.Thanks again and don't hesitate to ask any further questions.

There are sponsors (on this thread) that I got burned from and the blame is on the economy and interest rates.

In many areas that is like getting blood from a stone and involved more legal fees  if the contractor burned you it is probably not the first time. 

No real post history, then you pop in with a detailed, positive response about a company that has burned so many people in this forum. 

There’s higher risk that you burn out with more difficult tenants (even if you use a PM), than you missing out on good investments.

@Ellie NarieThis is usually where out-of-state investors will crash and burn is by trying to self-manage a rental and save money.

Just spoke to a property owner we met here on BP.Very nice person who's been DIY managing their double-digit doors after being burned by bad PMCs in the past.Wanted weekly in-depth updates, all rents deposited in their bank account - and then they would pay the PMC their fee, and expected the PMC to use their PM software.Pretty much looking for a go'fer person, NOT a PMC.We wished them good luck.

On the inside, the apartment was left pretty dirty..greasy stove from oil being over heated, dust all over ceiling and walls(an impressive amount), wall stains from what looks like candles or incense burning?