We are not first time home buyers but have three single family homes ( rental) properties in California but want to buy our first apartment complex out of state for generating  cash flow for the long term.

My wife is still hesitant about long term tenants, but I think she is coming around.

Most of us here wouldn’t be who we are today if we hadn’t made mistakes at some point.

We are hoping to get some recommendations on local hard money lenders and GC’s to reach out to while we get started.

Once the tenants vacated, I realized I severely underestimated the amount of wear and tear the property sustained after they've lived in it for over a year.

We are happy to provide you contact information for the credits unions that offer this product.

I also have a local bookkeeper, QBO, Bill.com & generate owner statements in OwnerRez.We currently have 23 properties under management and am utilizing trust accounting to the best of my abilities (although we are not required to in our state) but everything is really inefficient when it comes time to do monthly reconciliation and distributions.

So long as no active STR's within a certain distance can obtain a permit.

The headaches you get from a bad section 8 tenant can outweigh the benefits by a long shot.

Why do you think purchase contracts are so long and have such small print?