I already owned a large portfolio, but wanted to learn some non-traditional techniques for acquiring properties.

So my cautionary tale is when buying seller financed paper, make sure you are very in tune to the value of the property.PS: Even if this started out as performing, same concept applies - make sure you know the numbers/values of the property.

Learn the market, learn what makes money.

Sure its possible, just not likely.Additionally, just because they have other offers, doesnt mean those offers are actually good offers. 

Make sure you review the surrounding area and watch out for the RE "doom loop" https://www.wsj.com/real-estate/commercial/doom-loop-st-loui...

. - Look for properties with a large backyard and/or detached garage that would work well with an ADU and learn the ins and outs of the new CO laws that essentially have rezone most of the state to require approval for new ADU construction.- Underwrite the property to breakeven or small positive cash flow as a standalone long-term rental to a single tenant.

This would be our first rental investment, so we’ve been learning a lot and I would love to hear thoughts from this community.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

This is a great place to learn and further investigate investing in real estate.

i am looking to invest in a long term multiple family near downtown.. the prices are much better than north jersey ( where i live) , but I'm not sure about the rental markets and typical cap rate. let me know if you're open to discussing further