Rule of thumb: I've been told "Never fall in love with a property".

@Ben StavrowskyI love the ambition!

I'd have to ask my wife who handles the accounting etc about the fee question. 30 to 45min a month for 62 properties Not bad.

I love doing these types of deals—not only because most people avoid them, but also because it’s rewarding to help sellers in these situations.

I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

Did a full gut rehab, rented, and refinanced 🔥 Excited to get another  Love it!

Would love to add a mentor to guide us through the first deal, we can offer all of the sweat equity and our network that will help fundraise the deal! 

Hey Andrew,  NYC real estate is such a fascinating (and sometimes crazy) market, and I'd love to help you dive into it.

In my experience investors love talking about investing.

Love your take on this matter.