My main interest is buying a multifamily and occupying it. 

I have an interview with someone for a loan processor position and one of my main concerns is getting hired on and not getting to the LO position fast enough.Do you think it’s wise to take a Loan Processor position (if offered) and then be promoted?

You need to make sure the board is reserving enough money to maintain common elements.

There were a few unexpected repairs during the first year, but I attribute them mainly to poor maintenance of the previous landlord and tenants.Lessons learned?

Which means there may be some elements of a distressed property.

Read Charles Becker of Duke University's article on this very topic for greater insight.Another difference is that Class B/C apartments typically need a huge amount of expensive cap-x to maintain their occupancy, while mobile home parks need a much lower amount since the park does not own the homes (or at least many of the homes in most cases), although this is true whether there is a recession or not.The final main difference is that apartments sell at much lower cap rates, so there is less cushion in the event of a recession, while mobile home parks still sell about 1 to 2 points higher in cap rate, so you have more flexibility to contend with the impact of a recession, whatever it may be.

Our main issues is that we don't have a network, we don't know where to start as a good investment that will grow fast into several new investments. 

Obviously these figures change if you find something in an area bringing $150/sq ft: mainly just look for opportunities that are $20-30/sq ft under comps so that at first pass there is enough margin to purchase, rehab and market.Of course due diligence is the primary focus though I'm reaching out to seasoned professionals who know the ropes with any advice.I appreciate your help.Thanks.Greg 

My main concern is not being able to actually flip the property.

If you want to know the appreciation potential, records show I could have gotten $650,000 for it in 2018, therefore it appears the market has flattened out.Would you TRADE a 2-3% Cap Rate for a 5-6% Cap rate when you are looking mainly for Retirement Cash Flow?