You really need to have the right team and systems in place to keep things on track.That said, I’m actually the co-founder of LendingXchange, a free platform that helps real estate entrepreneurs with project assessments and finding funding, including for fix-and-flip projects.

On a daily basis I get questions from investors/property owners about the rental rate for their rental property.

Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.

Multi-family real estate is something I am planning on doing after I graduate college and eventually full-time. 

Steady pay, you can learn how to manage property and deal with people, and you'll be licensed to handle sales on the side.

Then you can start seeing other places just on the MLS when you get this strategy down and knowing what rough numbers will be, but it is always mandatory to get a full amount of rehab costs to get the GC into the property. 

getting tighter but things may be changing soon depending on what the new prez does.  

What is the cashflow like on those new constructions? 

It will be highly dependent on the district and licensing.

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.