I have been looking at multi-family and would love to connect with anyone that might be local of have some knowledge in the area.  

It allows you to diversify into a portfolio of homes as opposed to putting all of your proverbial eggs in one basket.Be cautious tho as over the years I have witnessed countless investors buying properties in crappy areas, for more than they are worth and being passed on to crappy property management that nickel and dimes them to death (I guess all of those 15% "awesome" paper cap rates and promises of financial freedom aren't that awesome after all...)This is not just true for real estate deals but life in general (Your "piece of paper" degree does't necessarily dictate success in your chosen profession or your business)Real life experience is different to what any "piece of paper" says.In all reality guys it takes time to build financial freedom, and the more you can diversify your risk across multiple properties in your portfolio the less risk you bear in the long run.I may not be the smartest Aussie you have ever met, however I do understand a few basic rules that I follow on every acquisition I make.Strength in numbers, cash only, patience, and discipline.Let's talk about Strength first.Price point plays a big part of "strength in numbers" as it is safer to acquire 5 homes for a total of $350,000 as opposed to one for $350,000.What happens if "that one" property goes untenanted for 5 months?

And there aren't any turnkey providers I know of that accept offers lower than their advertised prices.

As an FHA approved appraiser, I've NEVER seen anyone get an FHA loan on a multi-family property without either living in one unit or putting up 20%.

People who can advertise a cheaper price and take away rentals from those who do pay taxes?

Hi, I'm wondering what are some of the strategies the community has used when the banks will no longer provide mortgages on small multi families. 

My plan, well my family is selling a rental condo in California and I am trying to turn that into one or two multi-family  properties in Texas.

All 4 of my multi-family properties are in A or B class neighborhoods and they are great cash flowing properties.

Would love to start with a flip or small multi family but don’t have many resources to get started with.

We plan to do this through multi families and single family homes.