Seller Pre-Sale Financing: Consider selling the tenant-occupied property "as-is" now to an investor, perhaps at a slight discount, which could save time and eliminate renovation costs.

My advice is look for a good 2-4 unit investment property that my be a little outdated or need some TLC/renovations. 

I'm under contract on a quadplex, fully renovated, at the highest cap rate for a small multifamily that I've purchased in my career, right now.

There are new construction homes about 2-3 miles away going for 190-200,000 but I think they may be a bit larger than what I am building.

The last year I renovated a single family home to rent, pulled out some equity, couldn’t have gone better.

STR beach condo renovation slightly above builder's grade but not super high end.

Purchased on 4/19/2024 for $20,000, we invested $45,000 in strategic renovations to transform the property.

I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.

You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.

For our larger park we have a 'Maintenance Manager' set up for up to 24 hours per week as needed with OT for after hours emergencies.