trying it as a MTR has been less that fully successful. considering pivoting to LTR> Lessons learned?

Lessons learned?

Let me share what I've learned about when they truly make sense.The clearest wins come with:- Properties purchased (not inherited) within the last 5 years- Commercial or larger multifamily with substantial improvements- Assets you plan to hold for at least 3-5 years- Purchase prices exceeding $1 million- Properties with significant non-structural componentsI recently reviewed a case where an investor spent $4,000 on a cost segregation study for a $950,000 duplex constructed in 1978.

Learned sooo much about the process, took us 2 years to do it all only on weekends and holidays.

This will give you a great front row seat to learn.

Still have the duplex and using it for the next deal as collateral on our first multifam 18 unit apartment complex Lessons learned?

Excited to connect, learn and grow with you!

Learned that hired labor is the highest cost when rehabbing or fixing up to flip.

Neals learning experience.

trying it as a MTR has been less that fully successful. considering pivoting to LTR> Lessons learned?