Pretty easy to track it with a simple spreadsheet.You can make it yourself.

Is this purely a market appreciation deal that you're meant to hold onto 10+ yrs for it to make sense on paper?

Our plan is to continue with out-of-state properties, as the numbers (among other things) seem really hard to make work in California, although we are exploring some in-state STR opportunities.I've already found BP to have some super useful info in the forums, looking forward to reading more!

The primary reason a lot of people move on to bigger deals (80 units plus), is that it's possible to own larger properties in markets that make economic sense but may be far from where you live. 80 Units seems to be the target so you can hire your own full-time property manager and maintenance person, versus relying on local property managers to manage smaller multi-family properties on your behalf.

Usually that intended party is 10 investors removed from the investor who currently has their hands on the agreement with 10 investors playing their hand at attorney and making tweaks they believe are necessary for their personal business.

You'd need to really understand the specific neighborhoods and property types to make a good investment.If you do go the out-of-state route, a good property manager will be crucial.

You could increase the timeline and possibly save money by having other people do some of the work.

This disqualifies a lot of borrowers or makes the terms undesirable.Cheers!

@Caleb BrownHahaMo money Mo problems.

Honestly, if you lent someone money with a handshake and no liens.