I’m a relatively new investor and have the opportunity to buy a 42 unit complex roughly 2 hours from where I live.

There's a lot of opportunity to get involved with large multi family units,  but if you can find enough investors you could do it with less of your own money.If you're looking at retiring in 15 or 20 years, you could start with some smaller duplex style units and build up from there, or just hold a few and pay them off.

I monitor the Houston forum, so I have read many of your posts - The primary theme I see in your posts is that you generously offer your time and expertise to new investors and allow a group of new or wannabe investors the opportunity to walk your flips and tag along with you while you are looking for or working on a project - very generous of you - I see that you were able to give an amazing opportunity to a new investor when she may have not had the confidence to move forward on her own without your guidance - I am a fan of collaborating with other investors when you do not have the funds to complete a project on your own ... it can be a win/win opportunity that otherwise would have to be passed up ......However, when I read the details in this post, a few things come to mind - it seems that you used very little of your own money ...$5,000?

There are a lot of opportunities in the Pierce and Thurston counties with a good deal of competition as well.

In 2016-17 I had the opportunity to take another family owned property in NY and completely rehab it into another rental. 

I have the opportunity to get into a lease option for a property that I'd ultimately like to buy & hold, but I'm trying to figure out the rehab financing.

Where I'm located the housing stock is predominantly quads and smaller... and its almost all converted SFH that are 100+ years old to boot (translated = rotted sewer lines, knob & tube electric, lead paint, asbestos siding & pipe wrap)... all the things that say OPPORTUNITY... and I've been missing it for over a year!

So to sum it all up...I think what I've learned most or how becoming a landlord has most changed me is to appreciate how fortunate I am to have been raised and been exposed to the opportunities I have and that I was not born into generational poverty and a limiting mindset.

Yes, the insight Paul provided in this episode will certainly help those of us that want to keep pushing and looking for more challenges/opportunities.

Hello,I have been presented with the opportunity to purchase a house from a friend.