UTLS  etc .. permits many CA locations permits can be 50 to 75k per home.. but I like building these days as a preferable to heavy duty rehab.. last comment is log home in your area unless your way up in the moutains above SD  its too hot and sunny those log homes will get weathered pretty badly and they usually don't fit in the scheme of what is going on in the area like say a desert style home with stucco etc.. that can handle the heat and sun

Network with these individuals and ask who they use for a CPA.3) Attend local REIA events.

The materials used in making these drive the quality and the cost;  - Particle board (and there are different grades of this) is the cheapest  - Plywood is better (again different grades)  - Solid Wood is best (and again different types)Water is the enemy of wood in general and cabinets specifically due to humidity and leaks so I prefer solid wood frame with plywood decks / shelves.

I prefer a market that is not inundated and oversaturated with wholesalers. 

They can also range from the simple (like a straight 50/50 split) to the complex (a preferred return with several waterfall hurdles and other oddball provisions).For typical Multifamily value-add offerings terms should be somewhere similar to the one we typically use:8% preferred return (investor gets 100% until reaching the 8%) then70% of the profits until reaching a 12% return, then60% of the profits until reaching a 15% return, then50% of the profits thereafterThese can slide around somewhat, with slightly higher or lower preferred return, and/or the % profit splits might vary (such as 10% higher or lower than above) or the hurdle rates can vary. 

GCs that turn high volume get better pricing on everything - labor, materials - and have connections with inspectors and other pertinent individuals. 

I am Gregory George, an aspiring millionaire real estate investor, and I’m looking for like minded individuals that’s in the realm of RE in the Philadelphia area that I can help in anyway.

@Chairthra KumarI definitely know experienced individuals in the city and will get with them to flush more of this out.

I'd prefer properties that are either class C or class B, but would be open to all deals. 

3) If you have experience running an "entire property" rental vs renting out individual rooms, do you have any thoughts or advice to share?