The first people that lose their money in a downturn are those that are lending at insanely high LTVs without adequate underwriting experience including determining if the borrower's qualifications based on credit/character, capacity, and collateral.  

What Multifamily GP operators as coach / mentor would you recommend to partner with for hands-on deal experience in the Texas triangle? 

In my experience they don't want to be in "rougher" neighborhoods anymore than a quality market rate tenant does.

Begin with a smaller project to gain experience, and ensure you assemble a reliable team of contractors, appraisers, and inspectors.

I got a business parter with capital and some experience and we hired a GC on the first few flips.

No one is perfect, and we certainly have had times where we were not proud of the experience we provided to our guests.

Is there an investor here who can tell me their experience with section 8 in St.

Happy to share my knowledge and experience to assist you along the way. 

Going off of this, do you have flip/rehab experience within the last year? 

Originally posted by @Steve Morris:If it's your first one - HIRE AN EXPERIENCED MANAGER.A lot of these are tenant management issues like private/Medicare pay and keeping vacancies to a min.If you build and get it running well, then at least you can decide to keep it or sell it at a better price Where would someone find an experience manager?