On our fourplex we purchased seller fi, owner was solid on price, DP, term (30 yr amortization due in 10), so I negotiated a lower interest rate for the first two years to “get us going”.

But, if you are investing in solid C class and above, as long as you are screening properly and doing your job as an owner in giving people a good place to live, making repairs, etc, people generally take care of a house. 

There is always a pivot point as a company grows where it has to decide whether it stays true to its Grass roots development or switch to a Corporate business model. 

I would buy in a solid appreciation area.

If you want to splurge and add a patio cover, that’s a nice touch, but it’s not cheap.Privacy: Make sure to create separation and privacy between the main home and ADU by constructing solid fencing in the appropriate location.

After close we're investing in a new automatic gate, management software, and automated unit entry systems to start.I have a family friend we're working with for private-money type financing, but does anyone else have another solid financing partner for this type of project?

Also, @Kayla Govier had solid comments as well!

Typically commercial lenders are looking for 35% down, some will do 20-25% for multifamily commercial, and rarely less that that unless you have a track record/solid history with these types of value add deals.

I'm managing from out of state for the next 9-12 months so I need a cleaner that I can trust and has a history of quality performance and a solid reputation.

Do you have a solid spreadsheet/calculator?