We currently have 6 SFHs and an 8 unit, and our portfolio has performed a lot better across the last 4 years than we ever expected.We're currently under contract on a 35-unit apartment building.

Build a Strong Team:Surround yourself with a reliable team, including a real estate agent, contractor, property manager, and accountant.

I have decent reserves, but it wouldn't hurt to build them up a little more before considering paying down the mortgage. 

There's a building in Farmington Hills for sale that's already set up to be assisted living.

So far we have painted the common areas and the exterior of the building.

Building relationships and rapport during property tours can also result in unforeseen rewards, such as sellers leaving equity in the transaction because of the trust and connection formed.Remember, every property tour is an opportunity to collect information that is not available on paper.

I had a GC build it turn key and it went under contract before it was completed.

They live on the first floor of a small ten-unit building. 

Therefore trying to get a bit creative with the financing.Positive cash flow will almost be impossible (as I'll have to probably take one bed away, and then build a bath and a kitchen) in what I've been finding, so Im trying to offset the mortgage as much as possible.Long term, ideally I get to keep it and the 2nd unit adds to the cash flow if I ever dont need it anymore. 

When speaking to the owner (building rapport), your main goal is to figure out which of these main 3 is most important to them.