I usually just do SFR's however I believe MFR's are the next step.

Is this a step before moving into a home?

I think it's a combination of me lowering my yield requirements and less competition in the marketplace.While far from scientific, I'm wondering if there's anecdotal evidence out there that supports investors are stepping back as a result of higher mortgage rates.

I'm sure I'm missing some steps but you get the picture. 90% of success in this business is getting off the couch, finding deals and showing up.I hope this helps.Good luck

The first step is to get clear about what your potential partner wants.The second step is to find a deal that gives him what he wants, and keep what's left over for yourself... could be 10%, 50% or 75%?

But, one missed step and the whole house of cards will come crashing down.With a good liability policy there is nothing wrong with holding properties in your own name, there is nothing wrong with holding them in a trust or LLC or corporation.

I agree, good contractors are hard to find, but it appears this guy has stepped out of his expertise.

State RE Commissions examine files closed in Brokerages, they also go to closing companies, I believe holding periods are seven years on site, files are thinned out and contracts and HUD-1, title and other docs are sent to repositories by companies, they use to micro-fiche docs, I'm sure someone scans them now, the history of transactions is not hard to discover.

From my personal experience I have done most steps described in the post and now that my business is at more than two years my personal credit is used less and less.I am new to this site so I am unsure if I can provide the articles link.

This is a big issue in my area I've built several seven figure custom homes on the site of 1950's ranch homes.