You should cold e-mail and cold-call professionals at real estate companies in your area to set up informal coffee chats and informational interviews but don't ask for a job and come with a list of questions.

Found the deal from a Craigslist ad the Seller with looking to liquidate a Portfolio of properties and this was one of them.

I have made CLEAR with PM I do not want to renew under ANY circumstance (Aug '20), and am willing to allow his stay to continue month to month after lease expiration and if he wants to leave knowing there is no renewal coming, I'll gladly accept that.

In other words, we acquired the building no money down and renovated it without any cash coming out of our pocket as well.We increased the rents of the vacant units and then took the risk by announcing the higher rents for those with expired leases.

I had a wholesaler try to sell me a great off market deal that was really a deal which sat on mls for 12 months and recently expired 😂

There's a provision in lease that it'll become month-to-month after it expires and if we do not renew the contract.

I know of one lender who was notified and didn’t file their claim so it basically invalidated the debt as they never did anything and statute of limitations expired

@Brady BitterThe main thing i was debating with myself was whether or not i should treat single family portfolio  similar to a commercial or multi-family value add deals - the main difference is how its valued - on commercial/multifamily the value is a factor of its income, while single family is solely based on sold comps, therefore have less control over the value and are left to the market's valuation which tends to be more volatile comparing to rent rates.I think the IO route could be safe if you are Conservative with the LTV and have enough cushion to sustain any downturn that provide enough time to liquidate,

When filling out Schedule E should I claim it as:1. 3 different properties - 1 multi-family residence and 2 single family residences2. 1 property - commercial 3. 1 property - multi-family residenceI assume option 3 and that makes it easier to fill out, but I wanted to double check .Thanks,Andrew

Or people scared of a stock market crash and liquidating some stocks to put into real estate.