I’ve only purchased single-family rentals, I want to scale faster so I am looking into multi units.

I do agree that larger MFR have more opportunities to add value by manipulating the income streams (adding services, charging fees on larger scale) and reducing / managing expenses.There just not so many listing in Central AR, its a smaller market. mots stock that is listed on LoopNet is already shopped to the local investors. waiting for California to pay more!

When I reversed it I took a house that I knew was vacant but not on the list.If it could give property info on each property, ie like that house I knew was vacant and look it up with a click and find the owner with the actual number that would be great but it does not.I did not do any mailings or any large scale test just about 50 properties and granted there are so few distressed properties in many areas that it might be slim pickings.I wish I gave it more effort but I did not want to waste alot of time and effort on faulty data if that was the case. 

Currently doing business in NJ and the Midwest and looking to scale my business up as well as left to right.I have a CPA and consulting background so I am willing to add value to others businesses as well.Connect and let me know what you’re thinking 🤔

You can use a personal mortgage to do this type of deal, but you will not be able to scale up with those loans. 

I hope this was useful.Joffrey Longwww.HardMoneyExpertWitness.comif you can scale it HML is a great business and you scale by having PPM funds or like we did bank facilities were we put in 1 million and got a 4 million dollar line at bank rates.. the returns blow rentals right out of the water once you can scale and leverage.. now those lines are pretty tough to get these days.. prior to 08 I had 30 million worth.. in 2010 I had one left at 5 million.. that's the down side they are generally one year rollers and your at the lenders mercy to renew. 

I’d like to start scaling out and wondering if larger apartments would be the way to go, but I’d like a partner who can show me the ropes.

And as we scale our business we are looking for more skilled contractors and subs so I’d love to see some of you or your companies work.

Trading up in this way will allow you to take advantage of “scale”, your rents will be higher, your maintenance will likely be lower. 

Anxious to hear what folks like yourself would like to see from folks like me and how we could establish a mutually beneficial relationship when the experience scale is so unbalanced.Cheers!