That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

For example after reading the offering are you a secured investor or unsecured?

Finance was a combination of a few different vehicles and ultimately ended with a HELOC which was then used to fund multiple other projects over the years.

Hey,Along with the good information you have received, I'll chime in with my thoughts. 

@Ludwig Koeneke There is an appraisal form type that you can order which gives both the AS IS value as well as the After Repaired Value based on the scope of work proposed that you submit. 

The records show the house last sold in Sept, 24 for 382K and was listed in Oct 24 for 416K and reduced to 406K in November.

If you do not close on enough of your properties to defer all tax you will simply pay the same tax you would have at the same time you would have.

Welcome to the show.

While it doesn't meet the 1% rule it's in a stable, desirable area that'll perform more consistently for you over time so it's worth the tradeoff in my opinion.

The amount of the EMD only matters if you don't actually plan on closing.