My last suggestion would be to raise the rents of your tenants if possible!

On a previous post somebody suggested investing in NNN leased properties, which I agree with.

Additionally, if you got a loan on top of your cash advance (say, you only had enough cash for a down payment) then I imagine you're also paying loan fees twice.This may all be fine and dandy if the numbers work, but is this a viable plan or a total gamble?

Additionally, Fayetteville's strategic initiatives to enhance local infrastructure and public services foster a supportive environment for both residential living and business operations, making it a highly attractive market for real estate investors.Let's dive deeper into this market together.Fayetteville, nestled in North Carolina, boasts a flourishing housing market propelled by its affordability, community charm, and strategic location.

Let me know if you have any additional questions!

That's the route I would suggest to go first. 

(When I was in my 20's - I am now 77 years old, I did a ton of equity based foreclosures.) 6. offer to partner with the sale and liquidation of the property for a fee or equity position.Understand that as a foreclosure buyer - you need to first try to solve the owners problem  by giving suggestions to him - how can you help him, what suggestions can you give that will help him out.

If they personally don't have any larger MFR experience, then I would suggest forming an LLC with someone who does who would be willing to jump on as a low-level equity/experience partner and that shouldn't be a problem.Good luck and let me know if I could help you put something together!

I have started a few of these and excited to continue learning as well as trying more and more things you have suggested.

What additional costs should I expect when purchasing and managing a multi-family property?