I'm tracking with you on the buy, holding, and hoping strategy not being the best way!

Apparently, the Board of Education there tracks commercial sales and files against these properties once they are sold to raise appraised value for property tax calculations.

Apparently, the Board of Education there tracks commercial sales and files against these properties once they are sold to raise appraised value for property tax calculations.

If you can get that far in your vetting process, most likely you have a serious contractor that can do business with an investor well.Something to also consider is that there are significant delays in certain materials for rehabs right now (i.e. windows, lumber packages, etc.) ask these contractors where they anticipate certain manufacturing or shipping delays and what their plan is to keep your timeline on-track for completionBest of luck to you!!

As a beginner, if I am going into something there needs to be a track record of good customer service and established history of returns. 

@Shayne Meeker I think you're on the right track.

Hey BP As a new investor looking to operate my own multifamily deals, which is the better path to gaining experience and track record, doing my own small multifamily deals (5-10 unit deals)?

I was thinking of just tracking all expenses (hers or mine) and using profits to pay all expenses, and then splitting profits 50/50. 

So, I think you are on the right track by seeking education, but also wanting to stay local.

The challenge will likely be obtaining bank financing without a track record in the LLC name.