Have you developed a follow-up system?

So the returns have to be much more than just a little better then existing buildings for turn around's.You need to get with not a guru but a local multifamily to regional developer for lunch.

I really need the "guy with a truck" using a DBA, but since I am  looking to transition out of self managing and there was a possibility to develop a relationship, I sought bids from PMs.I used to belong to a REIA and for a few years got a lot of value, but management changed it got to very expensive and it seems most of the other investors went away, and was to the point where everyone in the room as trying to sell something (except me).  

Exception:  you are an employee of the owner (typically builder/developer) and showing only their properties.That being said, I know of lots of people that are doing just what you propose, and are doing so knowingly or unknowingly breaking the DORE laws, at lest for NY and PA. 

We finally just developed an in-house system for our own use that has worked out great and given us a marketing list that no one else has (or only a few people).   

You can learn the biz while saving up commission income to eventually invest yourself.

I'm trying to get money saved so I can eventually get started with real estate.

A creative option may be buy the 4plex first and develop a relationship and purchase the other parcel later once every goes well, but then I would need to refi with traditional loan to have all 6 under 1 loan at the 5/10 year option.

Once an investment hits mass popularity, it starts moving towards peak and eventual over saturation.

Lately ive been wanting to learn more about developing and building residential and multifamily properties.