Before you jump in, I suggest that you join a couple of local networking groups that strictly focus on multifamily to get a sense of what is happening in the multifamily market. 

I don't expect Scenario 1 to happen easily, but if we can have a couple conversations and spend a few bucks to get us close to that scenario, we'll be far better off than if we take a confrontational stance and motivate him to push us all into Scenario 2.In any case, we'll get something started tomorrow.

I had one partner who bought a couple of small trailer parks and then continued to just buy single lots all over the three County area with boxes on them.

However, if you are connected in the community and know you can get a couple quality tenants, why not rent it out and pull some equity out if you want to free up some cash?

I have already found a couple homes I am interested in that meet my requirements.

I'm excited by the residential and commercial real estate market of Southern California, and want to begin to explore investing while continuing to focus on my career in hospitality operations & sales/branding & entrepreneurship.I focus on opening and building operations and sales systems for event spaces, specifically venues converted from industrial buildings and independent, site-specific hotels and restaurants looking to create or repair revenue streams from weddings, corporate parties, workshops, and in-house programming.

My wife and I have been living in a multi unit for a couple years now and it's the only way to fly.

I have been apart of bp for couple years now was inactive and now I'm active again.

I just sign on every couple of months and categorize my expenses. 

I've done some prelim analysis and spoken with a couple of contractors, but have not pulled the trigger on a deal yet.