Whether it’s developing new housing complexes or refurbishing existing ones for higher-end rentals, the opportunities for capitalizing on this growth are vast.The decision by Anduril Industries to set up shop in Columbus is a game-changer, signaling a major shift in the city's economic landscape that savvy investors should not overlook.

As a newbie , I would start shopping for a property manager who can list and manage the rental.

I shopped all of my state's CU last time so I only called the top few this time around, it does seem like the best way to go about things.

If it's too good to be true -it's not true - sadly

What are true returns for comparison, before or after Income taxes? 

My dad and I (both with access to VA loans) are about to get into the multifam game and how we proceed is really going to depend on the true occupancy rules for the VA and our lender.

When I think about this, I don't see many downsides, so it seems a little too good to be true.

We've seen cases for example where clients want to send their brother or cousin to do electrical work that they aren't licensed for.What I don't think would work is to have a ticket come in, and then reach out to a client so they can shop around for plumbers.

Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.

Our team here at CrestCore is dedicated to working with the out of state investor and have the team in place to make us a "one stop shop" for everything you could need to build a portfolio here in Memphis.