Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

Build a solid team, analyze deals quickly, and network with local agents, lenders, and contractors.

I have been following Michael Elefante on instagram and have been talking to him and his team as well. 

I'm invested, too, but I believe in Marco and the Norada team.

Since you're investing from out of state, make sure you have a reliable handyman or contractor on your team too for when small issues pop up.

A bad cleaner that is not paid well would tank your revenue so I think it's a blessing to have a well-paid and amazing cleaning team. 

But then you'll also need an Entrepreneurial minded person on your team. 

***ATTENTION BIGGERPOCKETS MODERATION TEAM***I would like to nominate V.G Jason (I know his name and profile may be a little cryptic but just go with it) for a promotion to Advanced Moderator or Supreme Moderator if it suits your fancy.  

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.