Your best bet is to partner with someone with a great deal of experience.

He ended up connecting with a local community bank that was willing to be flexible as long as the payments kept coming in.

My goal is to keep things clear and flexible: I’m considering a setup where I offer my services for 2.5%, but if the seller offers 3% or higher, I keep that extra difference.

For example, we have a multifamily deal in the boroughs where the contract rider specifically states if the owner cannot deliver the property by X date, the purchaser can back out with their deposit.If you have some flexibility on the contract, you could continue shopping active deals as backups.

What I also enjoy is when people put out articles with contradicting view points and in six months or a year point to the - "see how correct i was", well yeah you placed bets on both red, black and green so you were going to be correct because you bet on all options.

We do want to offer flexibility, our goal is to keep the tenants so if increasing only $25 a month the first year keeps them we are open to it. 

If it's really busy, consider a couple different open houses so visitors have the flexibility to attend either one or return for a second look.

Just be transparent and give them a flexible timeline, then be ready to move fast because my gut tells me they'll all move out pretty close to each other

If your bet is appreciation, bet your underlying fixed costs go up.

Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.