Great to see you diving into multifamily investments—it’s a solid strategy for building long-term wealth depending on your business model.

Thank you for being such an inspiration, thought leader and amazing role model!!

I am a huge believer in that the actual Better strategy is being able to pivot and take what the market/numbers take you - i.e. at the start of the project, be open to Both (either a flip OR a BRRRR), whichever models out better for the individual project

Basically, if you're an LP, you are the BANKER. 

Having said that, I modeled out 7 investment options and used historical data to predict the future returns.

I have been playing around with python to build financial models and wanted to get some tips on how to make my models more user friendly and better at solving common pain points.

Then you and sis start looking at the market to find properties that fit your joint goal, and dad looks at his portfolio to find the places he wants to sell to get the funds to arrive at the model. 

With the lower LTVs offered by senior lenders these days, it may be tempting to look at preferred equity and it may make sense since technically it is cheaper than LP equity, but also keep in mind they have a higher liquidation preference (obviously) but will often want all the cashflow (or a majority of it) to come to them before the LP investors and will also want large reserves, so make sure you model out the cashflows and understand the end-to-end deal with the preferred equity investors.We have some institutional investors with whom we did a combination of a pref and JV deal and it worked quite well for everyone including them and the LP investors.

However, their business model seems to have changed as they now send out emails listing homes they have under contract in attempt to assign them to other investors.

@Michael Belz Photos are the only marketing you have when it comes to Airbnb... we onboarded 3 large homes in upstate NY 1.5 years ago, we brought in models, candles, throws, extra decor and the properties are beating their comps who had nice quality but un-staged photos by around 18%.