@Jack TaylorThe biggest expense is going to be title insurance. 

If you are willing to go at it one note at a time then there are ways to buy a partial or buy a full and sell a partial to recapitalize - keeping payments on the back-end for future revenue.

@Jeffrey De Los Santos biggest issue is the value of the property.

@Chris Acosta, here's what we use:Pending Purchases/sales - Brokermint.com - updated dailyFinancials - QB online - updated dailyRental Performance - handmade spreadsheet to track ROI, cash flow etc - we update monthlyLead Gen - handmade spreadsheet to track ROI, revenue, expenses- we update quarterly

What were you goals, what were your strategies (niche, vehicle, market, finance) and what were the biggest considerations?

I am currently a VP at a manufacturing company that casts parts out of aluminum for some of the biggest automotive, trucking, aerospace, and defense companies in the world.

@Evan PolaskiYeah, it’s probably the biggest issue w third party management where the landlords don’t put in money.

From what I've gathered, they don't like knowing people can rent them out and make money on a lot that's zoned, strictly, as low-density residential.Second, and the biggest issue, is that this property has $400k in code violations against it.

As an investor your PM will be the biggest difference maker in maximizing your portfolio value.

What was the biggest mistake you made in multi-family investing and what did you learn from it?