It was a well priced asset in a good area that offered a large value add play through operational efficiencies, thus minimizing the risk that's associated with physical value adds.

We visited the house multiple times before it was leased to ensure everything was in working condition,  got the house professionally cleaned.

.- Cap Rate (Capitalization Rate) is a measure of how efficient a property generates NOI in relation to the property's cost/value.

On both the upstairs and the downstairs I finished the remodel the day before tenants moved in, definitely stressful but talk about efficient margins!

My goal is to find the best/most efficient way to be able to fund my next multi-family.Which idea do you think would work best?

My Team knows what I want to accomplish (because I told them), so there's nowhere for me to hide from their frequent, persistent check-ins to ensure I'm making progress.And that's only fair, because that's exactly what I'm going to do to/for them with regard to their goals!

Is there a better/more efficient way to get to (fund) my next multi-fam?

I'm rereading the message to ensure I capture the full understanding!

How can I ensure that I'll get paid before I present my buyer with the deal?

I could probably help you more efficiently than any bank loan officer could.