Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked in the 1st floor ceiling and walls3) in contractors opinion, this problem was caused by just normal wear and tear (already 40 year building)4) Those pipes are not shared wish other units (service the unit only) and HOA won't do anything or take care of it. 5) it will take 1-2 months for everything to be fixed up6) Tenant will need to evacuate to a hotel or shelter I have two questions,#1 In this case, whose insurance should cover the fee of tenant's hotel while the damages are fixed up? 

I'm also building an ADU here at our primary that we'll operate as a STR. 

Lots of older buildings with good bones.

I posted a few deal diaries on Reddit and got 3 client leads all were complete junk, one I swear I heard his mom yelling at him in the background during our call, another was talking about building a huge portfolio of rental properties when had $0 in savings.

From all accounts, he's building a great GC Business. 

I now own several small multi family buildings there.

The architect and I have been thinking the exact same thing, with all the people looking to build/ live in this area we could sell just about anything under 500k instantly.

My current main focus is to build out my network, put together a team, and eventually close on a deal for my first multi-family property within the next year.

OOS investing is a lot harder than advertised.if you pick a local or local-ish market you can spend time in it, walk properties, go to REIA meetings, build a network.

There is no FHA 3.5% down on an apartment building or a shopping enter, there's lots of gov't incentives for "everyone to own a home" and since 1-4 units residential are all considered "single family" homes that means young investors get to ride that gravy chain for up to 4 units, but nothing like that exists for CRE (the gov't backed CRE mortgage options require MORE experience than traditional/vanilla commercial mortgages).Let me know if I can help.